Wyoming 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

Signing Requirements for Wyoming Deeds Current owner signature. A Wyoming deed must have the property owner's original signature. ... Spouse's signature for homestead. ... Power of attorney. ... Deed from trust. ... Electronic signature. ... Notarization.

(a) When a deed, contract or other document transferring legal or equitable title to real property, including instruments conveying ownership of structures on lands not owned by the transferring party, is presented to a county clerk for recording, the instrument shall be accompanied by a statement under oath by the ...

A Wyoming quitclaim deed is a type of deed that transfers all of the signer's rights and title in the property with no warranty of title. 2. The transferee (or grantee) receives whatever interest the transferor (or grantor) can legally convey.

A Wyoming quit claim deed form provides a method for conveying property between a grantor and grantee. This form must be submitted to the Wyoming Office of the Recorder in the County Clerk Office where the property is located. This should be signed by the grantors involved and must be notarized.

In order to have a real estate deed recorded in Wyoming, the instrument must be signed and acknowledged by the grantor or grantors before a notarial officer. The person taking the acknowledgments must comply with the requirements listed in the Wyoming Statutes, 34-26-107.

A mortgage is the standard security instrument used. Deeds of trust are permitted but are rarely used because mortgages may contain a power of sale and foreclosures of deeds of trust, like mortgages, are subject to redemption rights.

A deed of trust has a borrower, lender and a ?trustee.? The trustee is a neutral third party that holds the title to a property until the loan is completely paid off by the borrower. In most cases, the trustee is an escrow If you don't repay your loan, the escrow company's attorney must begin the foreclosure process.

A deed that transfers Wyoming real estate must be recorded with the county clerk of the county where the property is located. After accepting a deed, the county clerk records the deed and endorses the time and date of recording on the deed.

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Wyoming Deed of Trust - Release