Deed Of Trust Modification With Partial Claim In San Diego

• Category: Real Estate - Mortgages and Deeds of Trust
• State: Multi-State
• County: San Diego
• Control #: US-00183
• Format: Word; Rich Text

Description

The Deed of Trust Modification with Partial Claim in San Diego is a legal document that modifies the existing mortgage or deed of trust between the borrower, co-grantor, and lender. This agreement enables the borrower to secure additional debt while renewing and extending their lien on the property. Key features include provisions for renewal and extension of the lien, co-grantor liability, and payment terms such as the principal amount, interest rate, and repayment schedule. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure that modifications to existing trust deeds are accurately documented, thereby protecting the interests of all parties involved. Completion requires providing specific details such as names, addresses, and the property's legal description. It is essential to follow the outlined instructions carefully to maintain compliance with legal standards. This form is particularly useful in scenarios involving refinancing, adding co-signers, or adjusting loan terms due to financial changes.