US Legal Forms
Release and Cancellation of Trust Agreement - Trust Indenture

Difference Between Land Title And Indenture In Fairfax

Category:

Trusts - Termination

State:

Multi-State

County:

Fairfax

Control #:

US-00195

Format:

Instant download

Description

The difference between land title and indenture in Fairfax primarily revolves around their roles in property ownership and the legal agreements surrounding it. A land title confirms ownership of a property and establishes the rights of the owner, whereas an indenture refers to a formal contract or agreement, often detailing the obligations associated with property. The Release and Cancellation of Trust Agreement/Trust Indenture form serves as a critical document, declaring that obligations under a previous trust agreement have been fulfilled, thus releasing associated liens and encumbrances. Key features of this form include the identification of parties involved, property details, and a notary acknowledgment, which authenticate the document. Users should fill out relevant sections carefully, ensuring all names, dates, and property descriptions are accurate, and it should be appropriately signed and notarized to ensure legal validity. Attorneys, partners, owners, associates, paralegals, and legal assistants might utilize this form to finalize an agreement or settle a trust-related matter, ensuring clarity in ownership and relieving burdens from the property.

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FAQ

When closing on a home, you should receive a copy of your house deed when the title is transferred to you. You can also request an additional copy at any time through your County Recorder's office or Register of Deeds office (the official name may vary by location).

Standard Requirements for Recording All documents must have original signatures. NO PHOTOCOPIES ACCEPTED. If the document is handwritten, it must be legible. Print quality must be legible for the scanner to read and produce an acceptable image.

In Fairfax County and the City of Fairfax, homestead deeds are recorded in the Land Records Division of the Fairfax Circuit Court. The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3).

In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.

EFFECTIVE IMMEDIATELY All deeds recorded in the City of Norfolk MUST comply with the new provisions of Virginia Code Section 17.1-223. All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.

The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3). The office is open from a.m. – p.m. Monday through Friday.

All documents put to record must be acknowledged and contain a notary seal. All acknowledgements by a Virginia notary must include their commission number, expiration date and a darkened seal. All of this information must be legible. A maximum of four documents per check will be accepted for recordation.