Chattel Form Paper With Code In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-0007BG
Format:
Word;
Rich Text
Instant download
Description
The Chattel Form Paper with code in Hillsborough is a legal document used to secure a loan against a mobile home through a chattel mortgage. This form enables the Mortgagor to borrow money while the mobile home serves as collateral, ensuring the Mortgagee has a claim over the property should repayment not occur. Key features include stipulations on payment terms, interest rates, and the lawful ownership of the collateral. Filling instructions caution users to accurately provide information about both parties involved, the mobile home, and all financial terms, ensuring an enforceable agreement. This form is particularly useful for attorneys, partners, and associates engaging in real estate transactions, as it forms a foundational part of financing mobile home purchases. Paralegals and legal assistants benefit by using this template to assist clients in understanding their obligations and rights under the mortgage, while owners can use it to secure much-needed funding for their homes. The structured format promotes clear communication of conditions and protections related to the mortgage, making it accessible for those with minimal legal experience.
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FAQ
A person can file a quitclaim deed by (1) entering the relevant information on a quitclaim deed form, (2) signing the deed with two witnesses and a notary, and (3) recording the deed at the county comptroller's office. In Florida, quitclaim deeds must have the name and address of both the grantor and the grantee.
The se- curity or lease interest is embodied in a writing which evidences the debt. This writing constitutes the "chattel paper," which may consist of a conditional sales contract, a chattel mortgage, a security agreement or a chattel lease,2 with or without an accompanying negotiable instru- ment.
