News Detail
Zschau Publishes Article on Uses of Land Trusts in Preserving Tenancy in Common Property
(01/29/2007 )
Pennington Shareholder, Julius J. Zschau, recently published an article on The Use of Land Trusts in Preserving Tenancy in Common Property in the January 2007 issue of The Practical Real Estate Lawyer.
An earlier version of this article was presented at the Property Preservation Task Force Program in May 2006 and was also published at the 17th Annual Real Property Symposium in the Spring of 2006.
Zschau's article brings to light the problems in holding property as tenants in common and provides that a "land trust" may be a partial solution.
A followup to the current article will be published in March 2007 and will provide model forms for the Land Trust Agreement, Deed in Trust, and Trustee's Deed. The Practical Real Estate Lawyer will also publish this followup article.