You Can’t Make This Up: 
A Chain‑of‑Title Cautionary Tale

Photo by Mohammed Abubakr

In a formal ceremony on July 4, 1884, the completed Statue of Liberty was presented to the U.S. ambassador in Paris as a symbol of Franco-American friendship. It was then disassembled, shipped to New York aboard the French ship Isère in 1885, and reassembled on Bedloe’s Island (now Liberty Island) on a pedestal funded by American donations, including a campaign led by publisher Joseph Pulitzer. The Statue of Liberty was officially dedicated on October 28, 1886, by President Grover Cleveland. 

Hello all,

It’s simple to deed part your property interest to your family member, but are you doing it correctly? Have you thought out the consequences? Want to read about our transaction on a property that has a convoluted ownership? It’s a real head shaker. Oh, and there is a “tiny” change to the Los Angeles “Mansion” Transfer Taxes. A tiny change that can equate to hundreds of thousands of dollars to be paid when you sell a high-end property in L.A. Ouch. Welcome to my video and full Escrow Brief below:

How do you like our new format? Feel free to leave your comments and questions by clicking the “Share” button below.

Juliana Tu, CSEO, CEO, CBSS, CEI, SASIP

“Escrow is my FOREMOST language!”

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