[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Deed of Trust with Corrected Assignment — [Property Address] Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to provide you with the corrected assignment for the Deed of Trust pertaining to the property located at [Property Address]. Kindly accept this letter as a formal request to update the existing Deed of Trust records in accordance with the correct assignment information provided below. [First Paragraph — Introduction] In accordance with the [Date] recorded Deed of Trust, I, [Your name], the Trust or, executed the Deed of Trust for the property located at [Property Address] (Legal Description: [Provide legal description of the property]). However, due to an inadvertent error in the previous assignment, a corrected assignment must be recorded to accurately reflect the current beneficiary. [Second Paragraph — Correction Details] Please be advised of the following corrected assignment details: 1. Original Beneficiary: [Original Beneficiary Name] Original Beneficiary's Address: [Original Beneficiary Address] Assignor (Original Trustee): [Assignor's Name] Assignee (Original Beneficiary): [New Assignee's Name] 2. Corrected Beneficiary: [Corrected Beneficiary Name] Corrected Beneficiary's Address: [Corrected Beneficiary Address] Assignor (Original Trustee): [Assignor's Name] Assignee (Corrected Beneficiary): [New Assignee's Name] [Third Paragraph — Request for Record Updates] I hereby request that you update the records related to the aforementioned property to reflect the corrected assignment. Kindly ensure that the new Deed of Trust with corrected assignment information is properly recorded and submitted to the appropriate county recorder's office. [Fourth Paragraph — Contact Information] If you require any further documentation or information regarding this correction, please do not hesitate to contact me at [Your Phone Number] or email me at [Your Email Address]. I am prepared to provide any necessary supporting documents to assist in the efficient processing of this corrected assignment. In conclusion, I appreciate your prompt attention to this matter and your assistance in rectifying the assignment error. I trust that the necessary steps will be taken to ensure the accurate records for the Deed of Trust associated with the property referenced above. Thank you for your cooperation and prompt action. Sincerely, [Your Name] [Your Signature] Enclosures: 1. Corrected Assignment of Deed of Trust.
Hawaii Sample Letter for Deed of Trust with Corrected Assignment
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How to fill out Hawaii Sample Letter For Deed Of Trust With Corrected Assignment?
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FAQ
A trust deed is always used together with a promissory note that sets out the amount and terms of the loan. The property owner signs the note, which is a written promise to repay the borrowed money.
An assignment of trust deed is necessary if a lender sells a loan secured by a trust deed. It assigns the trust deed to whoever buys the loan (such as another lender), granting them all the rights to the property. It is recorded along with the original, making it a matter of public record.
Each Assignment of Note distills the salient points of a scholarly article on a particular assignment and presents them in an easily digestible format. Some even include an update from the author of the original article about what they've learned since the journal article was published.
Collateral Assignment of Deeds of Trust means that agreement executed by Borrower in favor of Lender in which Borrower collaterally assigns to Lender all of the Borrower's rights, title and interest in and to those deeds of trust which secure repayment of the Pledged Accounts.
What Is Assignment in a Deed of Trust? In real estate law, "assignment" is simply the transfer of a deed of trust from one party to another. This usually happens when the beneficiary of a trust deed sells their loan to another lender.
