I took your course some years back. All the names below are just examples. What goes in the ????? area?
ASSIGNMENT AND TRANSFER OF BENEFICIAL INTEREST IN LAND TRUST
Joseph A. Seller, the undersigned, being the owner(s) of 100% of the beneficial interest in a Land Trust created pursuant to a Trust Agreement dated December 18, 2019 and known as Palm Trust which names Marcos Helper as the Trustee, hereby assign, transfer, and convey 100% of our interest of the beneficial interest in said Land Trust over and unto Dream Properties LLC., and hereafter, subject Land Trust and _____????????_____________shall be entitled to all of the rights of the beneficial owner and shall be required to perform all of the duties and meet all of the obligations of the beneficial owner of said Land Trust.
It is also acknowledged that the power of direction is held as follows:
Joseph A. Seller – 100%
Hereafter the power of direction shall be held as follows:
Dream Properties LLC. – 100%
Dated this 18th day of December, 2019.
Joseph A. Seller, Beneficiary
Marcos Helper, Trustee
ACCEPTANCE OF ASSIGNMENT
The undersigned, Marcos Helper, hereby accepts the above assignment, and agrees to be bound by the terms, covenants and conditions of said Trust Agreement.
Dated this 18th day of December, 2019
THIS DOCUMENT IS NOT REQUIRED TO BE RECORDED IN ANY COUNTY RECORDER’S OFFICE