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 Example In Wayne
State:
Multi-State
County:
Wayne
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
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FAQ
Documents executed in the State of Michigan after April 1, 1997, must have a 2 1/2 inch top margin of unprinted space on the first page and at least 1/2 inch on all remaining sides of each page. Exemptions to this include certified documents, surveys and land corners.
State of Michigan Recording Requirements 1. Signatures must be original; and names must be typed or printed beneath signatures. 2. No discrepancy shall exist between names printed in the notary acknowledgment and as printed beneath signatures.
A deed of trust will include the same type of information stated in a mortgage document, such as: The identities of the borrower, lender, and trustee. A full description of the property to be placed in trust. Any restrictions or requirements on the use of the property while it is in trust.
Documents must have all original signatures and the names must be printed, stamped, or typed beneath the signatures. Documents executed in Michigan which convey or encumber real estate require a notary's acknowledgment.
Or you may email in the request to registerofdeeds@waynegov.
Typically, a deed is recorded with the local county recorder of deeds. Recording the deed gives the public notice that the grantee now legally owns the property. Not recording a deed can cause problems for the grantee. They may be unable to obtain a mortgage, insure the property, or sell it.
Recording Legibly printed or typed in black ink, type size 10pt, white 20lb paper with a blank margin of 2 1/2" at the top of the first page and 1/2" on all other margins. Paper size must be 8 1/2" x 11" and not larger than 8 1/2" x 14." Signatures may be in black or blue ink. (MCLA 565.201 Sec 1)
For a deed to be legal, it must state the name of the buyer and the seller, describe the property being transferred, and include the signature of the party transferring the property. In addition to being either official or private, deeds are classified as general warranty, special warranty, or quitclaim.
You may not need to involve an attorney to create a particular deed if you already have all the information. This is especially true if you are transferring property between family members or into or out of a trust. We provide several real estate forms that can help you transfer property validly in your state.
The grantor must sign the deed form and that signature must be properly acknowledged by a notary public. All signatures must be original; we cannot accept photocopies. A complete description of the property including the village, town, county and state where the property is located must also be included on the form.
More info
Wayne County Deed of Trust Form. Fill in the blank form formatted to comply with all recording and content requirements.The following forms may be downloaded for your use. Satisfaction Documents. The Office of Wayne County Register of Deeds records various types of documents, mostly relating to interests and transfers of property. A property deed is a legal document that transfers real estate ownership from a seller to a buyer. It's not the same thing as a title. Filling out the Forms. Fill out the application form completely. I'm just going to take you through the exact process of how to fill out a deed of trust exactly and you can see what I mean it's very straight forward.