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 Of Name Deed Wording In Montgomery
State:
Multi-State
County:
Montgomery
Control #:
US-00183
Format:
Word;
Rich Text
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FAQ
While it's possible to complete this process without a lawyer, consulting with one ensures that the deed update complies with local laws and is properly recorded, avoiding future complications.
While it's possible to complete this process without a lawyer, consulting with one ensures that the deed update complies with local laws and is properly recorded, avoiding future complications.
Maryland Real Property §3-104(f)(1) requires an attorney to certify that any deed, mortgage or deed of trust has been prepared by an attorney or under an attorney's supervision, or a certification that the instrument was prepared by one of the parties named in the instrument, in order to record the instrument.
If you decide to change your name on your property deed, you will need to draft a confirmatory deed. This kind of deed is typically used to make corrections to a previous deed, such as fixing minor errors or omissions or, in this case, updating your name.
They may have suggest using an attorney, but you are not required to do so. You can easily do the quit claim deed yourself and them send it to the clerk's office for recording. It will need to be signed, witnessed, and then notarized first.
To change, add or remove a name on your deed a new deed needs to be recorded reflecting the change. Many people think they can come into the office and change the present recorded deed with a form, but that is not the case. Once a deed is recorded it cannot be changed.
A quitclaim deed is a fast way to transfer ownership of property, but there are specific occasions where a quitclaim deed is warranted because it offers no protection for the buyer.
Recording a deed in Montgomery County is a two step process. First, bring the deed to the County Transfer/Recordation Tax Office located at: 27 Court House Square, Suite 200, Rockville, for processing. Second, visit the Courthouse at 50 Maryland Avenue, Rockville 2nd floor Recording Office.
Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.