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.
Mississippi 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
What Is A Deed Of Trust? 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.
The main difference between a deed and a deed of trust is that a deed is a transfer of ownership, while a deed of trust is a security interest. A deed of trust is used to secure a loan, while a deed is used to transfer ownership of a property.
Mortgage States and Deed of Trust States StateMortgage StateDeed of Trust StateMassachusettsYMichiganYYMinnesotaYMississippiY47 more rows
The trustee or substitute trustee so appointed may be a natural person, partnership, corporation, limited liability company, professional association or any other legal entity.
Deeds of trust are the most common instrument used in the financing of real estate purchases in Alaska, Arizona, California, Colorado, the District of Columbia, Idaho, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, Oregon, Tennessee, Texas, Utah, Virginia, Washington, and West Virginia, ...
Answer: You can look up the deed to the property in the county chancery clerk's office or contact the Public Lands Division of the Secretary of State's Office.
A Mississippi deed of trust is a document by which an owner's property title transfers to a neutral party (trustee) to serve as security for a real estate loan granted by a lender (beneficiary). The trustee holds onto the property title until the land owner (borrower) pays back the loan in full to the lender.
