What type of deed is used to convey ownership interest to a trustee under a land trust?

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A deed in trust is specifically designed for the purpose of transferring property interest to a trustee, which is a key component of establishing a land trust. In this arrangement, the property owner, known as the trustor, conveys their ownership interest to the trustee who holds that interest for the benefit of the beneficiaries named in the trust agreement. This kind of deed allows for effective management and use of the property by the trustee while maintaining the trustor's specified interests.

The other types of deeds serve different purposes. A warranty deed provides guarantees about the title and the property's condition, offering more security to the buyer than a deed in trust does. A quitclaim deed transfers whatever interest the grantor has in the property without making any warranties about the title, which does not engage a trustee's responsibilities. A special warranty deed is similar to a warranty deed but limits the time frame of the guarantees it offers to the period during which the grantor owned the property, making it less applicable for trustee scenarios. Therefore, the deed in trust is the most appropriate choice for conveying ownership interest to a trustee in a land trust setting.

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