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 With No Maturity Date In Maricopa
State:
Multi-State
County:
Maricopa
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
The type of deed you should use depends on the type of transaction and your desired level of protection. Generally, a quitclaim deed is ideal for situations involving only transfer of ownership between parties that explicitly trust one another and have no doubts about the title of the property.
Maricopa County Recorder's Office has two full service offices to record your quitclaim deed. The main office is located in downtown Phoenix. The Southeast office is in Mesa, Arizona.
Under Arizona law, breach of contract claims must be brought within six years of default. This time limitation applies to Deed of Trust default actions. Therefore, Deed of Trust lenders must act promptly if they want to enforce their rights.
After executing the quitclaim deed, you should record the document in the county where the property is located. Each county has its recording office where you must place all documents to be recorded.
A deed is signed only by the grantor(s), not the grantee. A deed does not have to be recorded to be valid, but recording is very common. Bailey Law Firm advises clients on what deed is appropriate for their circumstance.
Website andn to access property records. Online you will typically need the property's. AddressMoreWebsite andn to access property records. Online you will typically need the property's. Address parcel number or the owner's.