Chattel Mortgage Form With 2 Points In Queens

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

Description

The Chattel Mortgage form is a legal document that allows a borrower (Mortgagor) to secure a loan with personal property, specifically a mobile home, as collateral in Queens. Key features include the identification of both parties, detailed descriptions of the collateral, terms of repayment including interest rates and payment schedules, and covenants the Mortgagor must adhere to regarding ownership and insurance of the collateral. This form is particularly useful for individuals securing loans against mobile homes, thereby giving lenders rights to the collateral should the borrower default. Filling instructions emphasize completeness and accuracy, particularly in identifying the collateral and terms of the loan, to avoid legal complications. Attorneys, partners, and legal assistants can utilize this form to facilitate the lending process while ensuring compliance with local laws. Paralegals and associates may also assist in drafting and reviewing the form to ensure all required provisions are included and that the parties understand their rights and obligations.
Free preview
  • Preview Chattel Mortgage on Mobile Home
  • Preview Chattel Mortgage on Mobile Home
  • Preview Chattel Mortgage on Mobile Home

Form popularity

FAQ

Removing the encumbered status of the car on the LTO Certificate of Registration (CR) is done at the LTO. It can't just be any LTO office. It has to be done at the originating LTO branch office (the office where it was originally registered), or the LTO office stated on the Certificate of Registration (CR).

Zoning Exhibits III, IV, and V must be filed with City Register or County Clerk's office, where a City Register File Number, or CRFN, will be obtained. This functions as a page or reel number, and is required for documents submitted to the DOB. A properly qualified title company can easily assist with these tasks.

Chattel is any tangible personal property that is movable. Examples of chattel are furniture, livestock, bedding, picture frames, and jewelry.

A chattel mortgage shall not be valid against any person except the mortgagor, his executors or administrators, unless the possession of the property is delivered to and retained by the mortgagee or unless the mortgage is recorded in the office of the register of deeds of the province in which the mortgagor resides at ...

LTO MEMORANDUM CIRCULAR NO. Section 4.2. 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.”

Steps for Deed Recording in NYC It must be signed by the seller and acknowledged by a notary public. Submit the Deed for Recording: Take the original deed to the NYC Register's Office. You can find the office at 66 John Street, 13th floor, New York, NY 10038.

Deeds must be carefully drafted, delivered and recorded. The legal description of the property must be absolutely correct. Deficiencies in a deed can lead to a real estate dispute or even real estate litigation. Working with an experienced real estate attorney can help ensure the transaction is completed properly.

Real Property Recording Fees $49.00 + $10.00 per page for Cover Page. Minimum for 2 pages = $64.00 ($49.00 + 1 Cover Page + 1 document page). $2.00 for each additional block in excess of one.

Trusted and secure by over 3 million people of the world’s leading companies

Chattel Mortgage Form With 2 Points In Queens