Virgin Islands Deed of Trust - Release

State:
Multi-State
Control #:
US-00489
Format:
Word; 
Rich Text
Instant download

Description

This form authorizes the chancery clerk or the recorder of deeds to release from the deed of trust or mortgage certain property described in the document.
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FAQ

From budget restaurants to mid-range eateries, you can expect to spend around $10 to $30 per person for a meal. If you're a budget traveler, you can expect to spend around $50 to $100 per day in the U.S. Virgin Islands. This includes accommodation, food, transportation, and some activities.

The Recorder of Deeds performs the duty of recording documents as outlined in Title 33, Section 2362 of the Virgin Islands Code. This section of the law provides for the transfer of real property or interest therein, mortgages, and other securities for debt secured by real property.

What is the cheapest Virgin Island to stay at? If you're looking to save on your trip, you may want to consider the cheapest virgin island to stay at. St. Thomas is your best bet if you're looking for savings.

(l) For Assignments of Mortgage and Leasehold Interest for several properties, the recording fees shall be $25.00 for the document and $4.00 for each property or unit attached; for certified copies, the recording fees shall be $10.00 for the first page and $1.00 for each additional page; for Certificates of Death, the ...

Below is a breakdown of stamp taxes present in the U.S. Virgin Islands: 2% for properties valued at $350,000. 2 ½ % for properties valued to the excess of $350,001 to 1 million. 3 % for properties valued to the excess of $1,000,001 to $5 million.

Ing to VI Now website, construction cost per square foot ranges from $275 -$400 (masonry) in the US Virgin Islands, with St. Croix being on the low end and St. John on the high end, with St. Thomas somewhere in the $300s.

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Virgin Islands Deed of Trust - Release