Fiduciary Deed Nh For Sale By Owner
Description
How to fill out New Hampshire Fiduciary Deed For Use By Executors, Trustees, Trustors, Administrators And Other Fiduciaries?
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FAQ
A fiduciary deed is a legal document that can be used to transfer ownership of real estate when the original owner is unable to sign the deed. Fiduciary deeds are typically granted by a fiduciary, such as an executor or trustee, who has the legal authority to sign on behalf of the original owner.
The only way to change, add or remove a name on a deed is to have a new deed drawn up. Once a document is recorded, it can not be changed. To show any change in ownership of property, you need to have a new deed drawn up.
Fiduciary deeds are just one of several types of deeds used in property transfers. This type is used to transfer property such as real estate when the owner can't sign a deed for legal or other reasons. Fiduciary deeds are commonly employed when settling estates and the original owner of the property is deceased.
A person or entity may transfer ownership of a property in New Hampshire through an executed deed. The deed must be signed in front of a notary, commissioner, or justice to be valid and must be recorded in the register's office. The deed will not be valid for a sale or transfer if not recorded.
Once a document is recorded, it cannot be altered. To change or add a name to a deed, we suggest you consult a lawyer who may prepare and record a new document which would change or add the name.