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.
Ohio Authority to Release of Deed of Trust
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Multi-State
Control #:
US-00186
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Word;
Rich Text
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How to fill out Authority To Release Of Deed Of Trust?
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FAQ
Memorandum of Trust for Real Estate Located in Ohio Under O.R.C. 5301.255, the memorandum of trust is a document that certifies a trustee has the authority to act on behalf of an existing trust. The trustee is the person or entity who holds title to a trust's assets on behalf of a settlor.
Ohio law consists of the Ohio Constitution, the Ohio Revised Code and the Ohio Administrative Code. The Constitution is the state's highest law superseding all others. The Revised Code is the codified law of the state while the Administrative Code is a compilation of administrative rules adopted by state agencies.
Section 5301.36 | Entry of satisfaction. The mortgagee may, by contract with the mortgagor, recover the cost of the fees required for the recording of the satisfaction by the county recorder.
Section 5301.233 | Mortgage may secure unpaid balances of advances made.
The signing shall be acknowledged by the grantor, mortgagor, vendor, or lessor, or by the trustee, before a judge or clerk of a court of record in this state, or a county auditor, county engineer, notary public, or mayor, who shall certify the acknowledgement and subscribe the official's name to the certificate of the ...
Statutory condition is defined in Section 5302.14 of the Revised Code and provides generally that if the mortgagor pays the principal and interest secured by this mortgage, performs the other obligations secured hereby and the conditions of any prior mortgage, pays all the taxes and assessments, maintains insurance ...
A noncharitable irrevocable trust (which are most trusts after the death of a settlor) may be terminated upon the consent of all of the beneficiaries if the court concludes that modification is not inconsistent with a material purpose of the trust. R.C. 5804.11(B). (See Judicial Reformation and Modification above).
In Ohio, new Revised Code Section 5301.256 will prohibit most purchases of agricultural land by any persons or entities that are on the ?registry? that is to be compiled and maintained by the Secretary of State of Ohio.