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[Music] hi mark Rayner here manager of land title and Colorado Springs today were going to talk about title requirements for trust and operating agreements many property owners choose to hold titling trusts its also not unusual for limited liability companies LLCs to hold title to property while these are common ways to hold title the requirements for transferring title need to be followed carefully to ensure property vests correctly both to ensure the marketability of title and to avoid future legal consequences so lets talk about trust agreements ing to colorado statute the proper way to evidence the existence of a trust is by recording a statement of authority the statement of authority contains the following information the name of the trust the state under whose laws it was created the mailing address for the trust the name and position of the people authorized to execute instruments affecting title to real property on behalf of the trust and the statement of authority must be