Chattel Mortgage Form With Two Points In Kings
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Locate the property's legal description: This can be located on the County Assessor's Office eReal Property site or Parcel Viewer. The legal description may state if the property is subject to easement. If it does, the easement recording number(s) may be stated.
Locate the property's legal description: This can be located on the County Assessor's Office eReal Property site or Parcel Viewer. The legal description may state if the property is subject to easement. If it does, the easement recording number(s) may be stated.
Deed: The deed to the property contains the most authoritative legal description. This document is recorded with the local county office and serves as proof of ownership.
If you want to review the legal description of a property you own or are interested in purchasing but don't have the deed on hand, you can search the public records. A copy of the deed and other real estate documents known as recording instruments are kept at the recorder's office where the property is located.
Your best bet to finding the legal description is to locate the deed to the property in the public record. You can visit your county clerk of the court's website or office to find the deed. Most counties have this information online, and you can search by address, owner name, or parcel number.
A form of security interest, typically a legal mortgage, taken over tangible movable property (known as chattels).
Chattel is any tangible personal property that is movable. Examples of chattel are furniture, livestock, bedding, picture frames, and jewelry.
The Bottom Line Chattel mortgages are a little-known but potentially good option if you're looking to finance a manufactured home or heavy equipment. These loans are smaller than conventional loans and tend to have higher rates, but they have shorter terms and quicker payoffs.
LTO MEMORANDUM CIRCULAR NO. 17 of the said manual of operations provides that “In all dealings or transactions on motor vehicles, a chattel mortgage or release thereof shall first be registered with the office of the Register of Deeds before any registration transaction is effected.”