Arizona Mortgage Deed
Description
How to fill out Mortgage Deed?
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FAQ
A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.
Essential Elements of a Valid Deed Use of the proper statutory form of deed. Competent parties: grantor and grantee. Words of grant or operative words of conveyance. Sufficient description of the property to be conveyed. Proper execution. Delivery and acceptance.
Other states, such as our home state of Massachusetts, use mortgages rather than deeds of trust. Is there an Arizona law that only deeds of trust must be used? Answer: No. Arizona law provides for mortgages, and since 1971 Arizona law also provides for deeds of trust.
Arizona Property Search (4 steps) Go to the Arizona Secretary of State's County Elections page and locate the county in which the property is located. Click on the county website and look for the ?recorder? information. ... Click on ?recorded docs? on the left-hand column and you will be brought to the Recorder's page.
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.
To put simply, the deed is the legal document that proves who holds title to a property, while a mortgage is an agreement between a financial lender and borrower to repay the amount borrowed to purchase a home.
Arizona deeds must meet the following formatting requirements: Half-inch margins on all pages; At least a two-inch margin on the first page; Paper no greater than legal size (although letter size is fine and usually the best choice); At least 10-point font; and. A caption or title that states the type of instrument.
