In California, the general trust law is found in Probate Code §§15000-19403. There is no specific land trust statute in California, unlike the Illinois land trust law (765 ILCS 405/410/415/420), the Massachusetts business trust law (MBT) (MGLc182, §2 ) and Virginia land trust law (Va. Code Section 55-17.1). Therefore, land trusts created in California for […]
Continue.. Land Trusts in California