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Get Deed Lieu
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How to fill out the deed in lieu online
This guide provides clear instructions for completing the deed in lieu of foreclosure form online. Whether you are a first-time user or have prior experience, these steps will help ensure accurate and efficient completion of the document.
Follow the steps to successfully complete the deed in lieu form online.
- Click ‘Get Form’ button to access the deed in lieu form and open it in your preferred online editor.
- Enter the date in the designated field. Be sure to use the correct format for the date, typically Month, Day, Year.
- Fill out the grantor's name and mailing address in the appropriate sections, ensuring accuracy for future correspondence.
- Complete the county information for both grantor and grantee, as this helps in identifying the jurisdiction for the property.
- In the indebtedness field, specify the amount owed, clearly indicating the numerical value.
- Provide the clerk’s file number accurately in the designated section. This number often pertains to the original loan or mortgage documents.
- Input the street address of the property being conveyed, ensuring it is complete and correct.
- Locate the legal description attached as Exhibit A. If necessary, type out or attach the specific legal description of the property being transferred.
- Review and acknowledge the default condition as stated in the form, ensuring you understand your rights related to this transfer.
- Fill in the signatures of all grantors. Each person must either sign physically or apply their electronic signature.
- Provide the notary's information, including the name and the commission expiration date, as this will be important for validation.
- Finally, save your changes, and choose to download or print the form for your records or for submission as needed.
Start filling out your deed in lieu of foreclosure online today for a smoother process.
A deed in lieu of foreclosure has advantages for both a borrower and a lender. For both parties, the most attractive benefit is usually the avoidance of long, time-consuming, and costly foreclosure proceedings.
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