Deed Of Trust Records With Lien In Kings

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

Description

The Deed of Trust Modification Agreement serves as a legal document to modify existing mortgage terms or conditions secured by a deed of trust, specifically addressing lien rights in Kings. This agreement allows borrowers, co-grantors, and lenders to renew and extend the lien on the property, outlining payment terms, interest rates, and obligations in the event of default. Key features include the acknowledgment of a valid lien, terms for repayment, renewal of the Security Instrument, co-grantor liability, and provisions for late charges and prepayment. Filling this form involves clearly entering borrower, co-grantor, and lender details, along with specific terms of the modified agreement, while ensuring compliance with state requirements. For attorneys, partners, and paralegals, this document is vital for assisting clients in navigating modifications in their trust deeds, ensuring they understand their obligations and rights. Owners and associates benefit from clearly defined payment terms and conditions affecting their secured property investments. Legal assistants can support the management of such agreements by ensuring proper documentation and filing with relevant authorities.
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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

A deed of trust creates a lien on the purchased property when it is executed and delivered by the trustor/borrower to the beneficiary (usually the lender). Once executed and delivered, the deed of trust takes priority as a security against the property in relation to any other liens previously recorded.

Property records are public. People may use these records for background information on purchases, mortgages, asset searches, and other legal and financial transactions.

A deed of trust creates a lien on the purchased property when it is executed and delivered by the trustor/borrower to the beneficiary (usually the lender). Once executed and delivered, the deed of trust takes priority as a security against the property in relation to any other liens previously recorded.

Property liens A lien will show up in a property title search. If you are trying to sell your home, you'll need to settle the dispute with the lienholder—in this case, the mortgage lender—to clear the title and proceed with the sale.

Deeds should be recorded in the Office of the County Clerk of the county in which the real property being transferred is located. When recording a deed, it is your responsibility to take the proper steps to ensure that the document meets the legal requirements for recording.

Erecording, or electronic document recording, is the process of transmitting real property documents electronically to the local government entity charged with recording and maintaining public records.

A properly recorded deed can take anywhere from 14 days to 90 days. That may seem like a long time, but your local government office goes over every little detail on the deed to make sure the property is correct and there are no errors.

3. How do documents get recorded in the Recorder of Deeds Office? All papers presented to us for recording must be original documents, properly executed, signed, dated and acknowledged before a Notary Public with the notary's signature and date of expiration of the commission, before they can be accepted for recording.

Record the Signed Documents at the County Recorder's Office Take the original signed and notarized Deed of Trust and Promissory Note to the County Recorder's Office for the county where the property is located. In Sacramento, this is at 3636 American River Drive, Ste. 110, Sacramento CA 95864.

There are several ways to record a document at the King County Recorder's Office. You can visit our counter at the King County Customer Service Center in downtown Seattle, drop off documents to be recorded in the drop box outside the CSC building, send documents by mail, or by e-recording.

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Deed Of Trust Records With Lien In Kings