How to Setup a Land Trust
The following is a basic explanation of setting up a land trust. Please contact
your attorney or our office if you need assistance.
A trust number should be reserved. This can be done over the phone by calling
our Customer Service Unit at (312) 223-4110 or toll-free at (888) 878-7856.
Please be prepared to provide the following information:
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Property address
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Type of property
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Value of property
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Name and phone number of the attorney of record
Along with a trust number, you will be given a quote of your acceptance and
annual fees.
The Trust Agreement must be drafted and executed by all beneficiaries and
parties with power of direction. The Trust Agreement should then be submitted
to Chicago Title Land Trust Company for acceptance.
You or your attorney must also complete and record a Deed in Trust (Warranty or
Quit Claim) at the recorder’s office in the county in which the property is
located.
Trust Agreement and Deed in Trust forms can be downloaded from the Forms
section of this website or can be faxed to you by our Customer Service Unit.
Please contact them at the number listed above.
If you want future tax bills and other notices from the county to come to
Chicago Title Land Trust Company for forwarding by us to you, contact our
Customer Service Unit at (312) 223-4110 or toll-free at (888) 878-7856 for
specific routing instructions.
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