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 For Form 17 In Salt Lake
State:
Multi-State
County:
Salt Lake
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
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Form popularity
FAQ
If the title stays with the borrower this is the definition of Lien Theory and results in a non-judicial foreclosure with the Power of Sale being entrusted to a Trustee and not the lender. In a Judicial/Mortgage foreclosure, the Title is held by the lender. Utah is known as a Trust Deed and Promissory Note state.
You transfer your home to the trust by signing a deed that names the trust as the new owner of the property. The deed then needs to be recorded with the local county recorder's office. Once recorded, the trust is now "on title" as the legal owner of the property.
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.
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).
So be sure to check with your county recorder's office for more. Information. Take a look at theMoreSo be sure to check with your county recorder's office for more. Information. Take a look at the links in the description below to learn more.
This Quit Claim Deed outlines the transfer of property rights for a tract of land in Salt Lake County, Utah. It includes information about the land boundaries and usage restrictions. This document is essential for those involved in property transactions and land use in Utah.
How to File a Quitclaim Deed in Utah Step 1: Reference the Original Deed. Step 2: Consult an Attorney. Step 3: Complete the Quitclaim Deed. Step 4: Complete the Water Rights Addendum. Step 5: Sign and Notarize. Step 6: File with the County Recorder.
Contact Recorder's Office Phone Number (385) 468-8145. Mailing Address 2001 South State Street , Ste N1-600. Salt Lake City, Utah 84190. Hours Monday through Friday (except holidays)