Grantor conveys and assigns all its right, title, and interest to a certain deed of trust concerning real property.
Rhode Island Deed of Trust - Assignment
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Multi-State
Control #:
US-00487
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Word;
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How to fill out Deed Of Trust - Assignment?
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FAQ
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.
Rhode Island does NOT record by county. Recordings are to be sent to the appropriate City or Town recording office of the PROPERTY ADDRESS. All documents are returned immediately upon recording. If you are mailing in your document, please send to Property Records 43 Broadway Newport, R.I.
Deeds of Trust are not used in Rhode Island. If it did not contain the necessary statutory power of sale delineated in Rhode Island General Laws, Section 34-11-22, it could not be foreclosed by non-judicial foreclosure.
In the State of Rhode Island, land records can be searched by using the City/Town's recording office (about half of the towns have this accessibility for online search) and usually entering the Last Name of the Owner or the Book/Page numbers.
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.
Documents related to the ownership of real estate within the district are recorded at each individual municipality. Recorded documents are assigned a sequential identifying number (known as the book and page number) and are then scanned into the municipality's computer system.
Recording Fees Type of DocumentFeeQuitclaim Deed$80.00*Recording Fees (Rhode Island Habitat Restoration Team) (Rhode Island General Laws 34-13-7)ADD *$4.00Tax Certificate (Rhode Island General Laws 44-7-11)$8.00Warranty Deed$80.00*24 more rows
Recording Requirements § 34-11-1: A quitclaim deed in Rhode Island is submitted for filing with the Recorder of Deeds in the city or town where the property is located. There is no county-level recording in Rhode Island.
