Deed Of Trust With Promissory Note In Fairfax

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

Description

The Deed of Trust with Promissory Note in Fairfax serves as a critical legal document that enables a borrower to secure a loan by granting a lien on real property to a lender. This form outlines essential details, including the borrower's pledge to repay a specified principal amount, interest rates, payment terms, and conditions for default. Users must accurately fill in the names of the borrower, co-grantor, lender, and the specific property details to ensure enforceability. It is particularly useful for attorneys, paralegals, and legal assistants who need to facilitate the mortgage process, establish liens, or modify existing loans. Key features include provisions for renewals and extensions of the lien, co-grantor liability clauses, and the rights and obligations of all parties involved. The document also includes payment terms, late charge conditions, and borrower rights regarding prepayment. Overall, this form is indispensable in real estate transactions within Fairfax, aiding legal professionals and their clients in navigating financing arrangements effectively.
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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

If you know the instrument number or deed book and page number, you may request a copy of your deed either by mail or over the telephone by calling 703-691-7320, option 3 and then option 3 again. Send your written request to: Fairfax Circuit Court 4110 Chain Bridge Road, Suite 317 Fairfax, VA 22030.

Under a Deed of Assignment only the benefits of a contract can be assigned and not the burden; thus if you want to transfer the burden of a contract as well as the benefits under it, then you have to use a Novation Agreement or a Deed of Novation as novation transfers both the benefits and the burden under a contract.

Deeds of trust are the most common instrument used in the financing of real estate purchases in Alaska, Arizona, California, Colorado, the District of Columbia, Idaho, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, Oregon, Tennessee, Texas, Utah, Virginia, Washington, and West Virginia, ...

General assignment of assets to a trust is a legal process in which an individual transfers ownership of their property to a trust they have established.

A Standard Document used for transferring an interest in an unsecured promissory note to a revocable trust that can be customized for use in any US jurisdiction.

An assignment in a deed of trust is a legal transfer of the lender's interest in the security instrument (the deed of trust) to a new party (the assignee). The assignor (current lender) transfers all rights, title, and interest in the deed of trust to the assignee, who becomes the new lender of record.

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.

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Deed Of Trust With Promissory Note In Fairfax