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 Records With Alcohol In Phoenix
State:
Multi-State
City:
Phoenix
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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Recording Requirements Each document must have original signatures or carbon copies of original signatures, except when otherwise provided by law. Each document must be no larger than 8 1/2 inches wide by 14 inches long, and shall have a print size no smaller than ten point type.
Each document must have original signatures or carbon copies of original signatures, except when otherwise provided by law. DOCUMENT AND PRINT SIZE: Each document must be no larger than 8 1/2 inches wide by 14 inches long, and shall have a print size no smaller than ten point type.
It must include certain elements to be considered valid: Legal Description of the Property: This includes boundaries and is more detailed than just an address. Grantor's and Grantee's Details: Names and legal capacities. Consideration: A statement of value exchanged for the property.
Such unrecorded instruments, as between the parties and their heirs, and as to all subsequent purchasers with notice thereof, or without valuable consideration, shall be valid and binding.
1) Competent grantor. 2) Execution by the grantor(s) 3) Identifiable grantee. 4) Delivery to and acceptance by the grantee(s) 5) Legal description of the land (property description) 6) Consideration. 7) Words of conveyance (granting clause)
First, search by your address or parcel number to locate your property. The current deed will be located under the "Deed Number" under the section "Owner Information". Once you locate your document, you may view an unofficial copy online. Select the colored box under the section "Pages" to view your document.
The most common deed form in Arizona is the warranty deed. Warranty deeds provide protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title.
Documents evidencing a transfer of title of real property must include a complete legal description and be accompanied by an "Affidavit of Property Value," as set forth in A.R.S. 11-1133 .
Are you familiar with the deed of trust? In Arizona, this is the primary financial security document that's used when purchasing a home. While the deed of trust is similar to the mortgage, there are some notable differences to be aware of. If you're not sure how to differentiate the two, don't worry.