Missouri Deed Of Trust Form With Two Points In Maricopa

State:
Multi-State
County:
Maricopa
Control #:
US-00186
Format:
Word; 
Rich Text
Instant download

Description

The Missouri Deed of Trust Form with two points in Maricopa serves as a critical document for secured loans, allowing a borrower to transfer property title to a trustee, who holds it until the debt obligation is fulfilled. Designed for ease of use, the form includes multiple sections requiring details about the property, parties involved, and execution dates. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in estate matters, as it simplifies the process of authorizing the release of deeds of trust. Users can fill out the form by entering relevant information in clearly marked fields, ensuring proper execution to maintain legal validity. Additionally, the form includes a notary section for authentication, making it straightforward to comply with local legal requirements. This form addresses specific use cases, such as the release of a one-acre parcel from a deed of trust, facilitating real estate transactions and estate administration efficiently. Completing this form accurately and in a timely manner can help avoid potential disputes, highlighting its importance in legal and real estate practices.
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FAQ

Where to Get a Deed of Trust? To get a Deed of Trust, you must file the proper paperwork with the proper court as generally outlined above. These documents must be filed with the county clerk or recorder, and the lender typically sends them to the recording office after the property closing.

How do I get a copy of my deed? Documents recorded with the Maricopa County Recorder's Office are available and searchable through the Maricopa County Recorded Document Search. To locate a copy of your deed, search using your last name and first name.

There are 3 ways to obtain a copy: Stop by in person. Anyone can pick it up. Send a written request to Recorder of Deeds, 729 Maple Street, Hillsboro MO 63050. Include a check for $9 per copy and a self-addressed stamped return envelope. Order over the phone with a credit card by calling 636-797-5414.

In Maricopa County, over 90% of documents are recorded digitally. Prior to submitting documents for digital recording, a customer must open an account with the Recorder's Office and sign a Memorandum of Understanding specifying how digital documents are to be submitted.

Each document must have original signatures or carbon copies of original signatures, except when otherwise provided by law. DOCUMENT AND PRINT SIZE: Each document must be no larger than 8 1/2 inches wide by 14 inches long, and shall have a print size no smaller than ten point type.

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.

A deed cannot be recorded unless it is accompanied by a completed and signed Affidavit of Property Value form. If a deed is claiming an exemption, the exemption number must be listed on the face of the deed. For a complete list of documents that are exempt, visit the Arizona Department of Revenue homepage.

It must include certain elements to be considered valid: Legal Description of the Property: This includes boundaries and is more detailed than just an address. Grantor's and Grantee's Details: Names and legal capacities. Consideration: A statement of value exchanged for the property.

Arizona follows a notice recording statute, which means that, while unrecorded transfers are valid between the parties to the deed (grantor and grantee), the grantor who, in violation of A.R.S. §33-411.01, fails to record the transaction, opens the grantee up to claims from future bona fide buyers for value.

Lenders commonly hold two or even more mortgages or deeds of trust1 on the same property. Such structures can present difficult and little-known problems for the lender in a default and foreclosure situation.

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Missouri Deed Of Trust Form With Two Points In Maricopa