Form 17 Deed Of Trust Example In Washington

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

Description

The Form 17 Deed of Trust example in Washington serves as a legal instrument to modify existing mortgage or deed of trust agreements. This document details the terms under which a borrower and lender agree to the modifications, encompassing aspects such as renewal of the lien, payment terms, and amendments to the Security Instrument. Key instructions for filling out the form include specifying the borrower and lender details, the modification date, and clear descriptions of the property involved. Legal professionals, including attorneys, partners, and paralegals, may utilize this form to assist clients in securing adjustments to their mortgage arrangements, ensuring compliance with state-specific regulations. The format encourages clarity through straightforward language and structured sections, allowing for easier comprehension by users with varying degrees of legal expertise. It also addresses co-grantor liabilities and borrower rights, making it a versatile tool in real estate transactions. Ultimately, this form aids in protecting both lender's interests and borrower’s rights, thereby facilitating smoother modifications and refinances.