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.
Deeds Of Trust For Sale In Montgomery
State:
Multi-State
County:
Montgomery
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Yes, you can sell a home with a Deed of Trust. However, just like a mortgage, if you're selling the home for less than you owe on it, you'll need approval from the lender.
This Deed of Trust (the “Trust Deed”) sets out the terms and conditions upon which: Settlor Name (the “Settlor”), of Settlor Address, settles that property set out in Schedule A (the “Property”) upon Trustee Name (the “Trustee”), being a Company duly registered under the laws of state with registered number ...
Any deed or document that affects a change of ownership must be accompanied by: (1) a completed Intake Sheet; (2) a copy of the deed for submission to the Department of Assessments and Taxation; and (3) an affidavit of residency and/or a Maryland Form MW 506 NRS, for non-resident sale of property.
The deed, when recorded, became a permanent part of the County property records. If you should lose your original deed, you may obtain a certified copy of your deed from the County Recorder in which the land is located. A county certified copy can be used in the place of the original.
When closing on a home, you should receive a copy of your house deed when the title is transferred to you. You can also request an additional copy at any time through your County Recorder's office or Register of Deeds office (the official name may vary by location).
Property ownership information can be requested from the County Registrar-Recorder/County Clerk.
To have a document mailed, you must make the request in writing, enclose $5.00 for a regular copy or $10.00 for a certified copy and include a self-addressed stamped envelope. Please make checks payable to: Montgomery County Recorder of Deeds.
They are kept in the Land Records Department. Every Maryland County and Baltimore City has a Land Records Department located in that County's Circuit Court. Deeds and other documents stored in land records are open to the public.
Where to Get a Deed of Trust? To get a Deed of Trust, you must file the proper paperwork with the proper court as generally outlined above. These documents must be filed with the county clerk or recorder, and the lender typically sends them to the recording office after the property closing.