This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Arkansas Authority to Release of Deed of Trust
State:
Multi-State
Control #:
US-00186
Format:
Word;
Rich Text
Instant download
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How to fill out Authority To Release Of Deed Of Trust?
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FAQ
A trustee can be: A licensed Arkansas Attorney. A Bank or S & L authorized to do business in Arkansas. A duly licensed Trust Company. An agency or authority of the State of Arkansas.
If your circumstances change any you are no longer able to make your payments, your Trust Deed may fail and you will still be liable for your debts or even forced into bankruptcy.
Section 26-37-303 - Redemption deed (a) If the owner or redeemer redeems the tax-delinquent parcel, the Commissioner of State Lands shall issue: (1) A redemption deed in the name of the owner and record it in the county wherein the parcel is located; and (2) A redemption receipt to the redeemer.
States Using Deed of Trust In Alabama, Arizona, Arkansas, Illinois, Kentucky, Maryland, Michigan, Montana and South Dakota, the lender has the choice of either a mortgage or deed of trust. In any other state, you must have a mortgage.
An Arkansas deed of trust conveys real property to a third party trustee to hold the title until a borrowing party repays in full a loan provided by a lender.
A deed of trust is an agreement between a home buyer and a lender at the closing of a property. The agreement states that the home buyer will repay the home loan and the mortgage lender will hold the property's legal title until the loan is paid in full.
Both Deeds of Trust and Mortgages are used. A trustee can be: A licensed Arkansas Attorney. A Bank or S & L authorized to do business in Arkansas. A duly licensed Trust Company.