Deeds Of Trust In English In San Diego

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

Description

The Deed of Trust Modification Agreement is a legal document used in San Diego, designed to modify existing mortgage or deed of trust to secure debt. It outlines key elements such as the modification date, parties involved (Borrower, Co-grantor, and Lender), and specific terms of the modification, including renewal and extension of lien. This agreement is crucial for Borrowers who need to extend the repayment period or adjust loan terms due to changing financial conditions. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this document essential in facilitating loan modification processes for clients. It requires detailed completion, including various sections on payment terms, interest rates, late charges, and default conditions. Users should fill in specifics regarding the loan amount, property description, and relevant dates. It is beneficial for those involved in real estate transactions, providing a legal framework for modifying terms to better fit the Borrower's needs while ensuring the Lender's rights are preserved.
Free preview
  • 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

Form popularity

FAQ

General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.

In California, a deed of trust must come with security, typically a promissory note. To be valid, a deed of trust must be (1) in writing, (2) with a description of the property, and (3) signed by the trustor of the deed of trust.

Today, Californians most often transfer title to real property by a simple written instrument, the grant deed. The word “grant” is expressly designated by statute as a word of conveyance. (Civil Code Section 1092) A second form of deed is the quitclaim deed.

There are many uses for a quitclaim deed, but one of the most common is to convey ownership between people who are related, like spouses, parents or other family members.

California mainly uses two types of deeds: the “grant deed” and the “quitclaim deed.” Most other deeds you will see, such as the common “interspousal transfer deed,” are versions of grant or quitclaim deeds customized for specific circumstances.

The fundamental difference is that a Grant Deed ensures the grantor has a legal interest in the property, while a Quitclaim Deed releases only the potential interest one might have in a property without any warranties.

Record the Signed Documents at the County Recorder's Office Take the original signed and notarized Deed of Trust and Promissory Note to the County Recorder's Office for the county where the property is located. In Sacramento, this is at 3636 American River Drive, Ste. 110, Sacramento CA 95864.

To have copies of recorded documents such as deeds, liens, and others mailed to you, go to the Official Records Index.

To have copies of recorded documents such as deeds, liens, and others mailed to you, go to the Official Records Index.

You'll find most California property deeds at the County Clerk's office, also called the Registrar/Recorder office. Some of them provide online searches. Others require visiting their offices. For example, the San Diego County Clerk's Office provides online searches.

Trusted and secure by over 3 million people of the world’s leading companies

Deeds Of Trust In English In San Diego