Connecticut Mortgage Deed
Description
How to fill out Mortgage Deed?
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FAQ
A quitclaim deed is used to transfer interest in a property. For example, if you own your house before you get married and you'd like to add your spouse's name to the deed, you would ?quit claim? half of your interest in said house to your spouse.
Not all states recognize a Trust Deed. Use a Mortgage Deed if you live in: Connecticut, Delaware, Florida, Indiana, Iowa, Kansas, Louisiana, New Jersey, New York, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, Vermont, or Wisconsin.
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.
Mortgage deeds are official documents that prove the terms of a loan between a borrower and lender. Mortgages guarantee that loans will be repaid and give the lender the legal power to repossess the mortgaged property if the borrower defaults.
- Real estate deeds must be in writing ( 47-5). - The grantor or an authorized representative must sign the deed, and the signature must be witnessed by two people who are not involved with the transaction. The notary who acknowledges the deed may act as one of the witnesses ( 47-5).
The Town Clerk's Office in the town/city in which the property is located. Any documents recorded in the land records in Connecticut can be copied for $1.00 per page, and if needed, certified for $2.00 by the Town Clerk in the town where the property is located. You can also print a copy online.
Mortgage Deed Form for Real Estate Located in Connecticut. This is a Connecticut Mortgage Deed given to secure a debt on real property. This form can be used to finance a house, rental property (up to 4 units) or Condominium. This form secures repayment of a debt, with interest. evidenced by a Promissory Note.
