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Difference Between Land Title And Indenture In Philadelphia

State:
Multi-State
County:
Philadelphia
Control #:
US-00195
Format:
Word; 
Rich Text
Instant download

Description

This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.

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FAQ

To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.

To be valid, a deed must be: (1) in writing; (2) name the grantor or the grantor's agent; (3) signed by the grantor or their agent; and (4) delivered and accepted by the grantee. (Id.)

Can I Transfer a Deed Without an Attorney? The state of Pennsylvania does not require an attorney, but we strongly recommend it.

To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.

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.

An indenture is a deed that establishes ongoing responsibilities between two parties in real estate.

This can only be done by recording a new deed showing the change. Many people think they can simply come into the office and change the present deed on record. However, once a paper is recorded, it cannot be changed. The new deed can be prepared by your attorney, title insurance company or a real estate office.

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Difference Between Land Title And Indenture In Philadelphia