This form is a deed of trust modification. It is to be entered into by a borrower, co-grantor, and the lender. The agreement modifies the mortgage or deed of trust to secure a debt described within the agreement. Other provisions include: renewal and extension of the lien, co-grantor liability, and note payment terms.
Deed Of Trust Records For A Business In Bronx
State:
Multi-State
County:
Bronx
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
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FAQ
A deed used to convey New York real property to a revocable trust. This Standard Document contains integrated notes and drafting tips.
A trust deed gives the third-party “trustee” (usually a title company or real estate broker) legal ownership of the property.
You can search for property records and property ownership information online, in person, or over the phone with a 311 representative. Property owners of all boroughs except Staten Island can visit ACRIS. To search documents for Staten Island property, visit the Richmond County Clerk's website.
Disadvantages of a Trust Deed For borrowers, if financial circumstances change, default on repayment can result in property foreclosure.
Property records are public. People may use these records for background information on purchases, mortgages, asset searches, and other legal and financial transactions.
Yes, you'll need the original deed to sell your house and transfer property rights over to the new owner. If you cannot find a copy, you may be able to obtain a replacement from the property recorder's office.
The seller's attorney will give the original deed to the buyer's attorney at closing. That original then gets recorded at the clerk's office of the local municipality. The clerk's office scans and records the document into the land records and then sends it to the buyer or their attorney.
You can search for property records and property ownership information online, in person, or over the phone with a 311 representative. Property owners of all boroughs except Staten Island can visit ACRIS. To search documents for Staten Island property, visit the Richmond County Clerk's website.
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.
The Office of the City Register records and maintains all property-related documents—including deeds, mortgages, and leases—for the Bronx, Brooklyn, Manhattan, and Queens. (Visit the Richmond County Clerk to record property documents in Staten Island.)