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 Foreclosure In Bronx
State:
Multi-State
County:
Bronx
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
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.
In California, lenders can foreclose on deeds of trust or mortgages using a nonjudicial foreclosure process (outside of court) or a judicial foreclosure process (through the courts). The nonjudicial foreclosure process is used most commonly in our state.
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.)
1) A D.O.T. is much easier to foreclose upon then a mortgage because the process to foreclose on a D.O.T. bypasses the judicial process. Assuming the Trustee gives the right notices (Notice of Default and Notice of Sale) the process will go to sale without court involvement at all.
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.)
Property records are public. People may use these records for background information on purchases, mortgages, asset searches, and other legal and financial transactions.
If you're lucky, your county might even provide a self-service official records search site. From here, you may be able to look up your property, locate the deed, and download a copy of your deed onto the computer. Be prepared to provide the owner's name, property street address, and parcel number if you have it.
The deed, when recorded, became a permanent part of the County property records. If you should lose your original deed, you may obtain a certified copy of your deed from the County Recorder in which the land is located. A county certified copy can be used in the place of the original.
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.
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The Office of the City Register records and maintains New York City real property and certain personal property transfer records, such as mortgage documents. You can search for property records and property ownership information online, in person, or over the phone with a 311 representative.Records Search Department Office Phone: Location: 851 Grand Concourse, Rm. 118, Bronx, NY 10451 ALL SEARCH REQUESTS MUST BE IN WRITING. Call 311 - ask for Foreclosure Prevention Resources. Each Step 1 bulk filing must contain two parts: (1) the Header and (2) the Detail. Be sure to completely fill out your address and contact information on the payoff quote that was sent to you so that a release document can be sent to you. A residential or commercial property search in New York will include title deeds to show ownership, open mortgages, judgments and liens. New York counties and boroughs covered. There will be an indication on your record that the property is in Lien Sold Status. Like a mortgage, a deed of trust gives the lender collateral for a real estate loan.