Chattel Form Paper With Code In Dallas

• Category: Loans and Lending - Chattel Mortgages
• State: Multi-State
• County: Dallas
• Control #: US-0007BG
• Format: Word; Rich Text

Description

The Chattel Mortgage on Mobile Home form is a legal document used in Dallas to secure a loan against a mobile home, referred to as collateral. This form outlines the responsibilities of the mortgagor, who is borrowing the funds, and details the terms of payment to the mortgagee, the lender. Key features of the form include specifying the loan amount, interest rate, payment schedule, and conditions under which the mortgagee may pursue collection or foreclosure. To fill out the form, users must provide specific information, such as the names and addresses of both parties, the description of the mobile home, and the payment terms. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or financing transactions, as it offers a clear framework for securing loans against movable property. Users should ensure compliance with local laws and review the document for completeness before execution. The form also requires notarization, adding an additional layer of legality and authenticity.