Form 17 Deed Of Trust Example In Allegheny

State:
Multi-State
County:
Allegheny
Control #:
US-00183
Format:
Word; 
Rich Text
Instant download

Description

The Form 17 Deed of Trust Example in Allegheny is a legal document used to modify existing mortgage agreements between a borrower, co-grantor, and lender. This modification agreement asserts that the lien of the original deed of trust remains valid and subsists against the property involved. It allows for the renewal and extension of the lien, adjusting payment terms, and acknowledging the specific obligations of all parties involved. Key features include detail on the maturity date, interest rates, payment schedules, and conditions under which the lender may call for full payment. The document serves multiple purposes, such as facilitating the adjustment of loan terms, protecting the lender’s rights, and ensuring clarity in obligations among parties. It is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants by providing comprehensive guidelines for managing real estate financial agreements. Filling and editing instructions emphasize the importance of accurately entering personal and financial details to maintain legal integrity.
Free preview
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust

Form popularity

FAQ

All deeds made in the state to be acknowledged and recorded within ninety days.

A Deed to Trust form used to transfer the grantor's title and interest in real property in Pennsylvania to a trustee of a trust for the grantor's benefit. This standard document allows the drafter to choose between warranty and quitclaim deed language.

Where to Get a Deed of Trust? To get a Deed of Trust, you must file the proper paperwork with the proper court as generally outlined above. These documents must be filed with the county clerk or recorder, and the lender typically sends them to the recording office after the property closing.

How do I change my name on the deed? The Allegheny County Real Estate Office handles owner name changes, please call 412-350-4226. Please note, if any changes are made to the deed you must reapply for any programs (i.e., Homestead, Senior Citizen Tax Relief).

How do I change, add or delete a name on a deed? This can only be done by recording a new deed showing the change. Many people think they can come to our office and change the present deed on record. However, once a document or deed is recorded, it cannot be altered or changed in any way.

Yes. But it is usually a good idea to have someone with certain expertise in the field such as an attorney or title company prepare it for you to make sure it's correct.

Contacting your title company is often all it takes to get this done. If you create a verbal agreement to add the person to the title. They have no legal obligation to contribute to mortgage payments. Unless they are co-borrowers.

A deed of trust will include the same type of information stated in a mortgage document, such as: The identities of the borrower, lender, and trustee. A full description of the property to be placed in trust. Any restrictions or requirements on the use of the property while it is in trust.

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

Form 17 Deed Of Trust Example In Allegheny