hat
Garn a - St Germain Depo Enstitisyon Lwa nan 1982 espesifikman pèmèt youn nan mete pwopriyete yon sèl la nan ki kalite peyi konfyans nan ki nou refere san yo pa deklanche akòz-sou-vant kloz a. Sa vle di ke yon moun ka transfere pwopriyete potèk nan yon konfyans peyi san entèferans nan bank la. Sa a se ka a osi lontan ke prete lajan an rete yon benefisyè, pwopriyete a konsiste de mwens pase senk inite lojman, konfyans la se revokabl epi yo pa transmèt dwa nan lokatè bay lòt moun.
eng
The Garn – St Germain Depository Institutions Act of 1982 specifically allows one to place one’s property into the type of land trust to which we refer without triggering the due-on-sale clause. That means that one can transfer mortgaged property to a land trust without interference from the bank. This is the case as long as the borrower remains a beneficiary, the property consists of fewer than five dwelling units, the trust is revocable and does not convey rights of occupancy to others.