Chattel Mortgage Form With 2 Points In Santa Clara

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

Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.
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FAQ

Ing to California State Law, documents can only be viewed in the Clerk Recorder office. You will be able to view the images of recorded documents involving your name to find out if a lien has been placed against you or if a recorded lien has been released.

Come to our main office to search under your name to find all the documents recorded in which you were a grantor or grantee. Also search under any other names, forms of your name, or business names that the liens could be recorded under.

APNs can be determined through the Santa Clara County Assessor's Office Property Assessment Information System. Visit the assessor's website for more information or contact their office at (408) 299-5500. Enter the street address of the property.

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.

A mortgage company may be a chartered bank, a credit union, a trust company or other financial institution providing mortgage loans.

The average turnaround time for a document submitted for recording is 30 days.

In California, there are several ways to record real estate documents: In-person submission. Under this option, a person or his messenger service may visit the county recorder's office to submit the recording over the counter. Mail-in recording. Use of a title company or attorney courier service.

A: Anywhere between 14 to 90 days after closing. A properly recorded deed can take anywhere from 14 days to 90 days. That may seem like a long time, but your local government office goes over every little detail on the deed to make sure the property is correct and there are no errors.

Recording the Deed If the deed is not recorded, the party holding the deed may not be recognized under the law as the legal property owner to third parties, though the deed may be legally effective to transfer the property from the grantor to the grantee.

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Chattel Mortgage Form With 2 Points In Santa Clara