This is a generic form for the sale of residential real estate. Please check your state=s law regarding the sale of residential real estate to insure that no deletions or additions need to be made to the form. This form has a contingency that the Buyers= mortgage loan be approved. A possible cap is placed on the amount of closing costs that the Sellers will have to pay. Buyers represent that they have inspected and examined the property and all improvements and accept the property in its "as is" and present condition.
Closing Property Title With Mortgage In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00447BG
Format:
Word
Instant download
Description
Free preview
Form popularity
FAQ
During a real estate transaction, the seller actually transfers the property to the lender. The lender holds the actual legal title on the property while the borrower will hold equitable title. The lender holds title to the property in the name of the borrower through a document called a Deed of Trust.
Recording a deed in Montgomery County is a two step process. First, bring the deed to the County Transfer/Recordation Tax Office located at: 27 Court House Square, Suite 200, Rockville, for processing. Second, visit the Courthouse at 50 Maryland Avenue, Rockville 2nd floor Recording Office.
Any deed or document that affects a change of ownership must be accompanied by: (1) a completed Intake Sheet; (2) a copy of the deed for submission to the Department of Assessments and Taxation; and (3) an affidavit of residency and/or a Maryland Form MW 506 NRS, for non-resident sale of property.
Post-Closing means any period that starts after the Closing Date, and with respect to a period that includes and starts on the Closing Date, the portion of such period will exclude the day of the Closing. Post-Closing has the meaning set forth in Section 1.4.
Go to the circuit court in the Maryland county where the property is located. A list of court address and phone numbers is at mdcourts/courtsdirectory. Once inside the courthouse, proceed to the Land Records Department. Tell the clerk that you need a copy of your deed.
Digital copies of Maryland Land Records are freely available through mdlandrec, but this order form is to receive a hard copy print on regular paper. Copies are only available for those records which have been transferred to the Archives.
Certified copies of recorded documents are available from our “Public Access System.” Our records date back to 1784, and you are welcome to search our Public Access System for current and historical documents, including: deeds, mortgages, and satisfactions. You can access this system from your home or office computer.
If your property is located in Montgomery County, you can order a copy of your deed by going to the Land Records Department of the Clerk's Office in Montgomery County Circuit Court (50 Maryland Avenue, Room 212, Rockville, Maryland, 20850).
Have a copy mailed to you. To have a document mailed, you must make the request in writing, enclose $5.00 for a regular copy or $10.00 for a certified copy and include a self-addressed stamped envelope. Please make checks payable to: Montgomery County Recorder of Deeds.