Chattel Mortgage Form With Balloon Excel In Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-0007BG
Format:
Word;
Rich Text
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Description
A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.
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FAQ
It is generally attorneys and title companies that prepare documents of conveyance. Many times, attorneys or title companies will search the land records to determine if there is a clear title to the property.
In Ohio, only an attorney can draft a deed for others. All title companies must use an attorney to draft deeds.
Contact Us Phone: 216-443-7020. Fax: 216-698-2748. Office Hours: Monday-Friday am - pm. Address: 2079 E. Ninth Street, 4th floor. Cleveland, OH 44115.
The traditional mortgage is only for stationary property. It's suited for long-term real estate investments. Chattel loans are for property that can be easily moved. They're also an option for borrowers who want their loans approved faster and with shorter repayment times.