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 Modification Form For Sale In Fairfax
State:
Multi-State
County:
Fairfax
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.
Legal Requirements for Deeds It should be an original or a first-generation printout as per Va. It should be written in printed ink or typed in ribbon copy, complying with general recording. All individual names need to be underlined or written in capital letters when they first appear in.
How do I record a homestead deed? Virginia law allows for the filing of a homestead deed within your local county Land Records office. In Fairfax County and the City of Fairfax, homestead deeds are recorded in the Land Records Division of the Fairfax Circuit Court.
EFFECTIVE IMMEDIATELY All deeds recorded in the City of Norfolk MUST comply with the new provisions of Virginia Code Section 17.1-223. All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.
All documents put to record must be acknowledged and contain a notary seal. All acknowledgements by a Virginia notary must include their commission number, expiration date and a darkened seal. All of this information must be legible. A maximum of four documents per check will be accepted for recordation.
For a deed to be legal, it must state the name of the buyer and the seller, describe the property being transferred, and include the signature of the party transferring the property. In addition to being either official or private, deeds are classified as general warranty, special warranty, or quitclaim.
Sources of Property Records in Virginia The clerk of the circuit court is where you can find real estate deeds. For example, Fairfax County has its land records, which are searchable on the court website. The local county tax office handles all property tax records and issues bills to residents.
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Is there a tax for recording a deed of trust modification? Yes, if the deed of trust is modified to increase the loan amount.The Land Records Division accepts documents from property transactions in Fairfax County and the City of Fairfax. Fairfax County Trustee Deed Form. Fill in the blank form formatted to comply with all recording and content requirements. Our deed creation service makes it easy to prepare customized, statespecific deeds to Virginia real estate. Just complete a user-friendly interview. PLEASE READ BEFORE FILLING OUT ON-LINE FORMS. Adobe Reader XI is required to be able to save a filled out copy of your filing for your records. Using the information gathered during the prior steps, draft or fill out a deed template.