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.
Trust Of Deeds For Property In Cuyahoga
State:
Multi-State
County:
Cuyahoga
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Deeds and additional ownership documentation (circa 1810 to present) is available online or in person at the Recorder's Office, located on the 4th floor of the Cuyahoga County Administration Building.
A quitclaim deed is a simple way to transfer property ownership. It conveys any interest the grantor has in the property to the grantee. However, it doesn't promise anything about the title's condition or the grantor's rights. The grantee gets the property "as is," with any existing liens or mortgages.
Quit claim deeds are a type of transfer document that don't have the same protection for buyers. ing to Brian O'Malley, the director of real estate services in the Cuyahoga County Fiscal Office, scammers usually target seemingly unoccupied homes, or homes that seem to be in disrepair.
Transferring property between spouses during a divorce Many people use quitclaim deeds because it's a quick, affordable solution to settling divorce obligations. A quitclaim deed can be a simple way for one person (referred to as the grantor) to give up their interest in a property to another person (the grantee).
An attorney licensed to practice law in Ohio must prepare deeds, powers of attorney, and other instruments that are to be recorded. One exception is that a party to the transaction may prepare an instrument in which they are a party.
Anyone who comes to the Recorder's office may make a copy of a public document, including a deed, for $0.25 per page. The Recorder's Office staff can provide assistance in locating documents within our office. We have provided a list of some of the document types available.
There are several options for transferring a property title to a family member in Ohio, each with different implications. You might use a deed, sell at fair market value, or even include the property in your will, just to name a few common approaches.
A quitclaim deed is ideal when transferring property between family members quickly, especially when the recipient trusts the grantor and does not need a guarantee about the property's history.
When a home is sold, the grantor must provide the house deed to the grantee, who'll likely conduct a title search to be absolutely certain the property has no liens on it. The deed is then notarized and filed as public record with the Recorder of Deeds in the county where the property is located.