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 Philadelphia
State:
Multi-State
County:
Philadelphia
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Once you've recorded a deed, it's a part of the public record and can't be changed. That's the bad news. The good news? You can execute a new deed called a correction deed to amend that original record.
This can only be done by recording a new deed showing the change. A transaction must take place between the old owners and the new owners. Many people think they just come to the office and change the present deed on record. However, once a document is recorded, it cannot be changed.
To make changes to an existing deed, a new deed must be prepared and recorded. If your spouse dies, and your name is on the deed, you do not have to change it. If you elect to change it, a new deed must be prepared and recorded.
Can I Transfer a Deed Without an Attorney? The state of Pennsylvania does not require an attorney, but we strongly recommend it.
Once a deed is recorded it cannot be changed. We recommend you consult a real estate attorney or title company to prepare a new deed. If a married couple held the property jointly as tenants by entireties and one spouse dies, it is not necessary to remove that spouse's name from the deed.
For a deed to legal in Pennsylvania, it must meet the following basic requirements: It must be in writing, State the name of the current owner, Include the legal description for the real estate being transferred, and.
The deed must have a minimum 10-point font and one-inch margins on all pages. The deed must identify the municipality and county where the real estate property is located. The deed must include a notary's acknowledgment for any signature on it. The deed must include relevant information about any transfer taxes due.
Transferring property in Pennsylvania involves the following process: Determine the deed option you are using. Download and fill out the appropriate forms. Fill out the realty transfer tax forms. Sign the deed in front of a notary public. File the transfer with the office of the Recorder of Deeds.
More info
To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. To make changes to an existing deed, a new deed must be prepared and recorded.If your spouse dies, and your name is on the deed, you do not have to change it. To change, add or remove a name on your deed a new deed needs to be recorded reflecting the change. Please note that in some counties you may be required to hire a title search firm to complete the search. The Prothonotary can give you advice for your county. Deeds of correction correct mistakes in a prior deed. Often these deeds are used to correct the spelling of a party's name. In order to change a name on a deed, a new deed must be prepared and recorded. In order to change a name on a deed you may need to contact a Real Estate Lawyer.