Florida Land Trusts · § 689.071

Title held in trust. Direction stays with you.

Marsellus Trustee Co Services LLC acts as trustee of record for Florida land trusts. The trustee holds legal title. The beneficiary retains direction, benefit, and control.

How it works

A land trust separates who holds title from who holds the interest.

Under section 689.071, Florida Statutes, real property may be conveyed to a trustee who holds both legal and equitable title as to third parties. The beneficiary’s interest is personal property, and it does not appear on the recorded deed.

01 — Conveyance

Title passes to the trustee

The property is conveyed to the trustee by deed and recorded in the county’s official records. The trustee’s name appears; the beneficiary’s does not.

02 — Direction

The trustee acts only as directed

The trustee acts on the written direction of the beneficiary, and exercises no independent discretion over the property.

03 — Privacy

The agreement stays private

The trust agreement is a private document. It is not recorded, and the beneficiary named in it is not part of the public record.

04 — Transfer

Interests move without a deed

A beneficial interest is personal property. It can be assigned without recording a new deed.

Corporate information

The entity behind the title.

Legal name
Marsellus Trustee Co Services LLC
Entity type
Limited liability company
Jurisdiction
Delaware, United States
Registered agent
Lawyers Limited
Registered office
614 N. DuPont Highway, Suite 210, Dover, Delaware 19901
Service of process
Directed to the registered agent at the registered office
Nature of business
Trustee services for land trusts holding Florida real property

Contact

Enquiries and legal notices.

General enquiries

info@trustmarsellus.com

Where an existing property is involved, please include the county and the parcel identification number.

Legal notices & service of process

Marsellus Trustee Co Services LLC
c/o Lawyers Limited
614 N. DuPont Highway, Suite 210
Dover, Delaware 19901

Marsellus Trustee Co Services LLC does not provide legal or tax advice and does not prepare trust instruments. Parties should consult their own counsel before establishing a trust or conveying property.