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Property Bought using a Trust Fund
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TOPIC: Property Bought using a Trust Fund

Property Bought using a Trust Fund 1 year, 2 months ago #413

  • jbaldovino
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i would like to ask who is the legal owner of a property bought using a trust fund. is it the bank or the trustor.

if it is still the bank, how can the trustor transfer it to his/her name considering that the bank(FEBTC) is already non existence.

Thank you for your help.

Re:Property Bought using a Trust Fund 1 year, 1 month ago #426

  • holofernes
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1. You need to consult the deed of trust.
2. That bank from memory merged with BPI, there it is likely that BPI is the successor in interest to FEBTC if the deed is silent.
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