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Updated over 6 years ago on . Most recent reply

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Mike S.
  • Investor
  • Broward County, FL
933
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1,220
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Land trust trustee qualification ?

Mike S.
  • Investor
  • Broward County, FL
Posted

Can someone point me to the statute or documents explaining the requirements that should be met by a trustee of a Florida Land Trust (F.S. 689.071) who is not a natural person (ie LLC, Corp, trust, etc...).

I remember reading about it but can't find it anymore.

I don't remember if the requirements were the same as for a regular trust under chapter 736 and if the insurance, license and bonding were required for a Florida or out of state LLC acting as trustee of a Florida land trust.

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