This form is a deed of trust modification. It is to be entered into by a borrower, co-grantor, and the lender. The agreement modifies the mortgage or deed of trust to secure a debt described within the agreement. Other provisions include: renewal and extension of the lien, co-grantor liability, and note payment terms.
San Bernardino California Change or Modification Agreement of Deed of Trust
State:
Multi-State
County:
San Bernardino
Control #:
US-00183
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Change Or Modification Agreement Of Deed Of Trust?
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FAQ
Ideally, we want the deed recorded but how long it takes depends on the county and how well staffed they are. In Southern California, San Bernardino, Los Angeles where we do most of or work, Orange County, Riverside, San Diego, Central Valley, and Northern California it usually takes two to three weeks.
After you purchased your property, chances are, you will receive some official-looking mails selling you the services of obtaining grant deed for your property. They normally charge anywhere between $50 to $100.
State law requires the buyer of real property to file a Preliminary Change of Ownership Report with the County Recorder's Office at the time a document is recorded which transfers ownership of the property. If this form is not filed, the recorder will charge an additional fee of $20.
UCC Fixture Filings are recordable at the Recorder's office in the County where the property is situated. A completed coversheet is required and must include the name and address where the recorded document is to be returned, as well as the title of the document being recorded.
The Recorder's Office probably has a notary available. Date the form and have the grantor and grantee sign in front of the notary. Fill in the state and county names and have the notary public date the form, print and sign her name, and apply her seal. Complete a Change of Ownership Report, required by California law.
Upon taking effect, the recorder's office will impose a fee of $75.00 to be paid when recording every real estate instrument, paper, or notice required or permitted by law to be recorded, per each single transaction per single parcel of real property, not to exceed $225.00.
