2 ms·
Yeah, generally you have what’s called an Illinois Land Trust. I think every state but Louisiana now allows them. The public record will say that the owner is
by OldHand2018 5y ago
Yeah, generally you have what’s called an Illinois Land Trust. I think every state but Louisiana now allows them.
The public record will say that the owner is “Trust #541341324132 with XYZ Bank/Title Co/Law Office”
If you want to know the real owner (“beneficiary”), you go to court and present the reasoning for wanting to know. If it’s a valid reason, the court will issue an order that you take over to XYZ Bank/Title Co/Law Office and they’ll give you that information.