In this episode, Gregory E. Harris, Esq. discusses the importance of obtaining a Certification of Trust when dealing with property held in a trust. He explains the role of trustees and the proper titling of trust-owned property. Gregg emphasizes the need for collaboration between lawyers and REALTORS® to ensure smooth transactions. He also delves into the ownership of real estate in LLCs and who has the authority to act on behalf of the LLC. Gregg highlights the significance of due diligence for both buyers and sellers and the importance of operating agreements for LLCs. He also discusses various aspects of property ownership and estate planning. The conversation also covers the best ways to hold property, including the use of LLCs and the importance of properly-executed trust documents. He also discusses the probate process and the use of small estate affidavits, now known as “simple estate affidavits”. He concludes by emphasizing the value of REALTORS®, the importance of recognizing and embracing their worth, and three key takeaways for REALTORS®.
What is Mindset Matters by Oregon REALTORS®?
Welcome to Mindset Matters, the official podcast of Oregon REALTORS®. In this podcast, we dive deep into the secrets of top-performing agents, market trends, strategies, tips, and tricks that will transform and elevate your real estate career to new heights. Follow or subscribe today and stay tuned for a podcast that's not just about real estate—it's about mastering the mindset for success!