Not typically. You might check with the banker/mortgage contract. The exchange of a house into a trust where you are the settlor and beneficiary is a non-taxable event. We never had a client who received a due on sale demand, because you are not selling the house; you are exchanging into trust.
If I move my house ownership into a PST, will it trigger a due on sale clause in the mortgage? Print
Modified on: Wed, 22 Jul, 2015 at 8:13 PM
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