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 Lien In Oakland
State:
Multi-State
County:
Oakland
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
By establishing a corrective deed, you're not overriding your existing deed or creating a new property interest. Rather, it is an additional document that references the original deed and points out and corrects any errors. For instance, the legal property description could have a piece of incorrect information.
Oakland is a city in the East Bay region of the San Francisco Bay Area in the U.S. state of California. It is the county seat and most populous city in Alameda County, with a population of 440,646 in 2020.
Please contact the Alameda County agencies listed below to obtain information and specific documents for your properties. Contact the Alameda County Clerk. Request a Copy of a Grant Deed. Contact the Alameda County Tax Assessor. Learn More About Your Property Tax Assessment. Contact the Alameda County Treasurer.
Alameda County Oakland / County
Gibson County Oakland City / County
Alameda County Oakland / County
Once you have created your deed, you must have it signed and notarized. Then, you must file and record it with your county recorder.
Recording Legibly printed or typed in black ink, type size 10pt, white 20lb paper with a blank margin of 2 1/2" at the top of the first page and 1/2" on all other margins. Paper size must be 8 1/2" x 11" and not larger than 8 1/2" x 14." Signatures may be in black or blue ink. (MCLA 565.201 Sec 1)
If you need a copy of the current deed, contact or visit the Alameda County Recorder's Office. Copies of deeds are not available off the internet. There is an online name index. Copies of the document itself must be obtained from the Recorder's Office Public Records Room.
Here is the rough outline: Select the trust that is best suited to your needs, such as a revocable living trust. Draft a trust deed and have it notarized so that it is legally binding. Record the deed at the county recorder's office. Notify the relevant parties, such as your mortgage lender and insurance provider.