Chattel Mortgage Form For Individuals In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-0007BG
Format:
Word; 
Rich Text
Instant download

Description

The Chattel Mortgage form for individuals in Fairfax is a legal document used to secure a loan for a mobile home by placing a mortgage on the property. It outlines the responsibilities of the mortgagor, including payment terms, legal ownership, insurance requirements, and the agreement to not dispose of the collateral without consent. This form is designed for use by various legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, facilitating the process of securing lending for personal property. Users must complete the form with pertinent details such as the names and addresses of the mortgagor and mortgagee, the amount borrowed, and payment schedules. It's essential to maintain clarity and precision while filling out each section to avoid potential legal disputes. The form also stipulates the rights of the mortgagee in the event of default, ensuring they can seize or sell the collateral if necessary. Overall, this form is critical for individuals seeking financial support while protecting the lender's interests.
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FAQ

The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3). The office is open from a.m. – p.m. Monday through Friday.

All citizens must meet the following criteria: ➢ Must be 65 or older, OR are permanently and totally disabled; ➢ Must live in the dwelling; ➢ Have a combined household income of $60,000 or less; and ➢ Have assets (net worth) of less than $350,000.

Fairfax County provides real estate tax relief and car tax relief to citizens who are either 65 or older, or permanently and totally disabled, and meet the income and asset eligibility requirements. Qualified taxpayers may also be eligible for tax relief for renters.

Fairfax County provides real estate tax relief and vehicle ("car") tax relief to citizens who are either 65 or older, or permanently and totally disabled, and meet the income and asset eligibility requirements. Qualified taxpayers may also be eligible for tax relief for renters.

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.

You may view your tax information online or request a copy of the bill by emailing DTARCD@fairfaxcounty or calling 703-222-8234, TTY 711.

Deeds recorded in Fairfax County are available through the Land Records Division of the County Circuit Court. They are located in Suite 317 of the Fairfax County Courthouse (4110 Chain Bridge Rd). For more information, call 703-691-7320, or visit their website.

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Chattel Mortgage Form For Individuals In Fairfax