Deed Of Trust Records Without Promissory Note In Broward

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

Description

The Deed of Trust Modification Agreement, applicable in Broward, is a key legal document that modifies existing mortgage or deed of trust agreements without necessitating a promissory note. This form serves to renew and extend the lien securing an existing debt while outlining the rights and responsibilities of borrowers, co-grantors, and lenders. Key features of the agreement include provisions for loan renewal, amendment of the security instrument, and co-grantor liability, ensuring that any signing co-grantor is not personally obligated for the debt. The form also delineates the terms of payment, including principal and interest rates, payment schedules, and consequences of default. Filling out the form involves entering specific information about the borrower and property, along with relevant financial details, while editing may involve adjusting terms to reflect new agreements. This document is particularly useful for legal professionals such as attorneys, paralegals, and legal assistants who handle real estate transactions and modifications, ensuring compliance with local regulations while providing clarity and security to all parties involved.
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  • 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

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FAQ

There are many ways to look up the deed on the county's website. You can search by “Name” of Grantor or Grantee. If you search by “Document Type,” you must choose “(D) Deed” as your document type and then you can narrow the search by the date.

Florida's open government laws, Section 119.071, Florida Statutes , provide for public access of records unless specifically exempted by the Florida Legislature.

ERecording is the secure online submission of documents to the County's Records, Taxes, and Treasury Division for recording in the Official Records of Broward County. eRecording eliminates the need to mail documents or have walk-in customers visit the recording office, which saves time for our customers.

Use your county's property appraiser site to double check your deed is correct and you are shown as the owner of record.

Visit the County Property Appraiser's Website: Navigate to the official website of the county's Property Appraiser. These websites are designed to be user-friendly and offer search tools tailored to the public's needs. Conduct Your Search: Enter the property's address or parcel number into the search tool.

When a deed of trust is used as a security instrument, who holds the deed and the note? The trustee holds the deed, and the lender holds the note.

When a deed of trust is used as a security instrument, who holds the deed and the note? The trustee holds the deed, and the lender holds the note.

Under Florida law, an unrecorded deed that is notarized and delivered, will be valid as between the parties (the grantor and grantee). However, as far as creditors or purchasers, an unrecorded deed is void because there was no notice of the transaction.

Florida law stipulates that a deed must be signed by the parties involved and witnessed by two individuals. If a deed lacks the requisite witnesses, it faces legal challenges. This can result in difficulties during property transfers and land record disputes.

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Deed Of Trust Records Without Promissory Note In Broward