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Old 02-27-2011, 02:47 AM
CaliforniaGirl CaliforniaGirl is offline
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Quote:
Originally Posted by TednRobin View Post
When looking at newly listed preowned homes I always check to see what the taxes are on the county's website. I often see the owner listed with trustee after their names. What does trustee mean in reference to the property? Has the owner died? Thanks for any responses I may get.
It means they have created a living trust and the trust owns the house. Great for avoiding probate issues.