Dallas Texas Deed of Trust - Multistate

State:
Multi-State
County:
Dallas
Control #:
US-00486
Format:
Word; 
Rich Text
Instant download

Description

In consideration of a debt owed to the trustee, debtor conveys and warrants to trustee a certain piece of property described in the deed of trust.
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FAQ

To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.

Texas No Witnesses are not required, but signatures must be acknowledged and notarized, if not, two or more credible subscribing witnesses must be present. Tex. Prop. Code § 12.001 Lenders MAY delete the words "Witnesses" and the two accompanying lines for witness signatures, if document is notarized.

Individuals can write out their own, and use someone else as a witness. However, this may have errors or not be a legally binding document. The investment of getting a deed of trust when buying a property is often worth it in the long term.

Recording Deeds To record it through the mail, send the original document to the Bexar County Clerk's Office in the Courthouse. The recording fee is $26 for the 1st page and $4 for each additional page (per document). Acceptable forms of payment are cash, check, or money order.

Because a deed of trust is not legally required to be registered anywhere (although it is possible to register it at the Land Registry), the underlying financing of the purchase can be kept private.

For a deed to be recorded (or registered), the grantor's signa- ture must be properly acknowl- edged or witnessed (Texas Prop- erty Code, Section 12.001b). An acknowledgment is a statutory procedure whereby persons signing a document declare their action before a qualified person, usually a notary public.

Dallas County Clerk.Recording Division.

The County Clerk is responsible for recording and maintaining real property records in Dallas County.

The Deed of Trust must be in writing, signed by the property owner, and filed in the County Clerk property records. The Deed of Trust should describe the loan amount, name a Trustee, and describe the collateral securing the loan. A correct legal description of the property is essential for a valid Deed of Trust.

To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.

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Dallas Texas Deed of Trust - Multistate