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.
Change Deed Trust Without Spouse In Montgomery
State:
Multi-State
County:
Montgomery
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
To take someone's name off a deed, a new deed must be prepared to transfer the property from all of the current owners to all of the remaining owners. Similarly, to add someone to a deed a new deed must be prepared to transfer the property from all current owners to all new and current owners.
There are 5 steps to remove a name from the property deed: Discuss property ownership interests. Access a copy of your title deed. Complete, review and sign the quitclaim or warranty form. Submit the quitclaim or warranty form. Request a certified copy of your quitclaim or warranty deed.
Deed of Trust. Any natural person or legal entity can be the Trustee. No residency requirement.
To add a name to a deed in Maryland, you must prepare a new deed that includes both the current owner's name and the new owner's name. The current owner is the grantor, and the new owner is the grantee. The new deed should include a legal description of the property.
To change the names on a real estate deed, you will need to file a new deed with the Division of Land Records in the Circuit Court for the county where the property is located. The clerk will record the new deed.
How to File Step 1: Obtain Maryland Quitclaim Deed Form. Step 2: Enter Preparer's Details. Step 3: Enter Grantor's Details. Step 4: Enter Grantee's Details. Step 5: Fill in Consideration. Step 6: Note Property Legal Description. Step 7: Preparer Signs the Form. Step 8: Grantor Signs the Form in Front of a Notary Public.