Escrow & Title
An Oklahoma buyer who wants to take title in the name of a trust should:
AHave the trust document reviewed to ensure it is valid and the trustee has authority to acquire property✓ Correct
BSimply instruct the closing agent to use the trust name with no further documentation
CHave OREC approve the trust before closing
DTake title personally and transfer to the trust after closing
Explanation
When taking title in a trust, the closing agent and title company need to verify that the trust is valid, the trustee has authority to acquire real property, and the trust document is properly established. The trustee typically must provide a certificate of trust or trust agreement excerpt.
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