Deed Of Trust Example In Dallas

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

Description

The Deed of Trust Modification Agreement is a legal document used in Dallas to modify the existing mortgage or deed of trust between a borrower, co-grantor, and lender. This agreement outlines key elements such as the renewal and extension of the lien, acknowledgment of existing debt, and the payment terms of the loan. It provides clear instructions for filling out the form, including details on the parties involved, the modification date, the original promissory note details, and payment terms like the monthly payment amount and interest rate. Specific sections address the borrower’s obligations, rights concerning prepayment, and conditions under which the lender can invoke remedies if the borrower defaults. This form is highly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it simplifies the process of modifying existing loans, ensuring compliance with state laws while protecting the interests of all parties involved. Properly completed, this document serves to clarify updated financial terms and responsibilities, making it an essential tool in real estate transactions.
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

How to get a Deed of Trust The borrower, lender, and trustee's names and addresses. The property address. The amount being borrowed. The interest rate. The interest adjustment date. The frequency of principal and interest payments. The payment amounts and due dates. The due date of the final payment.

Check the county recorder website for these. Services.MoreCheck the county recorder website for these. Services.

Bring the owner's. Name and the legal description of the property. Which can be found on your taxMoreBring the owner's. Name and the legal description of the property. Which can be found on your tax statement by Ma you can also request a copy by mail. Send a written request to the county clerk's.

The easiest way to add someone to title is via a Quit Claim Deed. The current owner signs the QCD as the grantor. The current owner is then also the Grantee on the QCD along with the new person to be added to the Deed. After recording, the current owner and new person are then joint owners of the property.

Include the property details in a self-ress stamped envelope enclose a check for the required. Fees.MoreInclude the property details in a self-ress stamped envelope enclose a check for the required. Fees. If you need help the Dallas County Clerk's Office offers customer.

No. Only attorneys can give legal advice. Paralegals, legal assistants , and notary publics are all nonlawyers. They cannot prepare documents on your behalf.

Once a deed has been recorded by the County Clerk's Office, copies of the deed may be requested if the original deed has been misplaced. Plain copies can be found by using the Official Public Records Search and selecting "Land Records". A certified copy may be purchased through request either in person or by mail.

It is also important to understand that in Texas, a valid deed must be drafted by an attorney. Simply writing up a deed on your own and having it notarized does not make the document legally binding.

In Texas, a quitclaim deed conveys only the grantor's rights, if any, in the real property. A quitclaim deed contains no warranties of any kind and does not establish title in the person holding the deed.

In Texas, you record your deed with the County Clerk in the county where the property exists. If the property is in more than one county, record it in each. It is important to record your deed. In Texas, the property is legally transferred when the grantee accepts the signed deed.

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

Deed Of Trust Example In Dallas