Revocable Living Trust

[JoshDom1898]

What is the name of your state? AZ

How do you convey title to real estate to your trust without being in breach of your "no assignment" clause in your deed of trust?

Do you have to get lender approval?

 

[FlyingRon]

Generally it's OK. You should contact the lender. However, in most cases personal single family homes secured with mortgages secured on that property can be transfered into a living trust with the same beneficiary as the grantor without triggering the due on sale clause.

See 12 USC 1701 (d)(8) part of an act referred to as the Garn-St Germain Depository Instutions Act of 1982.