Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
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In addition to being deemed either official or private, deeds are also further classified as either general warranty, special warranty, or quitclaim.
A deed of trust is a legal document that secures a real estate transaction. It only shows that a designated third party holds legal title?i.e. ownership?to your property until you've paid it off, ing to the terms of your loan.
The main portal for most registries is .masslandrecords.com operated by the Secretary of State's Office. Other registries have their own systems. Here is a handy list of all registries liked to their online search portals: Barnstable.
Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.
The title to a house is a legal concept that establishes your ownership of the property and gives you certain rights to it. The deed is a legal document that transfers ownership of a property from a seller to a buyer.
There are three types of real estate deeds in Massachusetts: release deeds, quitclaim deeds, and warranty deeds. Each of these deeds gives a buyer different degrees of protection and guarantees against defects.
Mortgage States and Deed of Trust States StateMortgage StateDeed of Trust StateLouisianaYMaineYMarylandYYMassachusettsY47 more rows
Quitclaim deeds, the most common type in Massachusetts, differ from warranty deeds because the assurances are more limited.