Deed Of Trust Records With No Maturity Date In San Antonio

State:
Multi-State
City:
San Antonio
Control #:
US-00183
Format:
Word; 
Rich Text
Instant download

Description

The Deed of Trust Modification Agreement is a vital document used in San Antonio that modifies a mortgage or deed of trust to secure a debt, often without a specified maturity date. This agreement outlines the roles of the Borrower, Co-grantor, and Lender, indicating intent to renew and extend the existing lien on the property until the debt is fully paid. The form specifies obligations related to loan payments, interest rates, and late fees while allowing for provisions such as co-grantor liability and Borrower's rights to prepay the loan. It includes clear instructions on filling out the necessary details, such as dates, amounts, and property descriptions, ensuring that users can navigate the process efficiently. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this document for refinancing agreements, modifications to existing loans, or reaffirming obligations when dealing with properties in San Antonio. It provides a structured and clear approach to securing debts, essential for maintaining compliance with local regulations and protecting parties involved in real estate transactions.
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  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust

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FAQ

In order to qualify for a non-judicial foreclosure, the lienholder must have a deed of trust with a "power of sale" clause, giving them the authority to sell the property. These foreclosures are governed by Section 51.002 of the Texas Property Code as well as the contractual documents.

Deed of Trust Liens: Non-Federal Beneficiary/Payee CIVIL PRACTICE & REMEDIES CODE §16.035: Deed of Trust lien becomes barred 4 years after the original or extended maturity date of the secured obligation.

A title refers to property ownership. It is not a document but rather the right to use, rent, or sell the property. A deed is a legal document that transfers the property ownership. It is commonly used when buying or selling real property.

Once a deed has been recorded by the County Clerk's Office, copies of the deed may be requested if the original deed has been misplaced. Plain copies can be found by using the Official Public Records Search and selecting "Land Records". A certified copy may be purchased through request either in person or by mail.

Once a deed has been recorded by the County Clerk's Office, copies of the deed may be requested if the original deed has been misplaced. Plain copies can be found by using the Official Public Records Search and selecting "Land Records". A certified copy may be purchased through request either in person or by mail.

One of the key benefits of a Trust is privacy. Unlike a Will, which becomes a public record when filed with the probate court, there is no requirement to record a trust in Texas.

So, put simply, if your deed was not recorded or you have discovered unrecorded deeds in your chain of title, there is no need to worry. The deeds themselves will still be valid and you can file correction instruments to correct any mistakes.

Real Property documents may be filed and recorded with the Bexar County Clerk's Office in person or by mail. The original documents with original signatures are required for the recording. The County Clerk's Office will not record a copy. Recordings are completed immediately in the County Clerk's Office.

No- A deed in Texas does not have to be recorded for the transfer of the property to be effective. It will always be the advice of your attorney to record the deed for the property for a whole host of reasons, but if somewhere along the lines a deed was not recorded, it is not necessarily the end of the world.

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Deed Of Trust Records With No Maturity Date In San Antonio