Deed Of Trust For Form 17 In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-00183
Format:
Word; 
Rich Text
Instant download

Description

The Deed of Trust for Form 17 in Fairfax is a crucial legal document used to modify an existing deed of trust or mortgage agreement, ensuring the continuity of security for a loan. Key features include a clear acknowledgment of the borrower's obligations, the renewal and extension of the security interest, and terms related to payment, interest rates, and late charges. Users must provide specific details such as the borrower's name, loan amount, monthly payment, and property address. This form is particularly valuable for various target audiences including attorneys, partners, owners, associates, paralegals, and legal assistants, offering them a structured framework for documenting modifications to loan agreements. Filling and editing instructions emphasize clarity and compliance, enabling users to navigate the form without extensive legal knowledge. Use cases typically involve refinancing, loan modification processes, and ensuring adherence to legal obligations regarding real property transactions. Overall, this form serves as a seamless tool to safeguard the interests of lenders while providing borrowers with the necessary flexibility to manage their financial commitments.
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  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust

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FAQ

How do I record a homestead deed? Virginia law allows for the filing of a homestead deed within your local county Land Records office. In Fairfax County and the City of Fairfax, homestead deeds are recorded in the Land Records Division of the Fairfax Circuit Court.

For a deed to be legal, it must state the name of the buyer and the seller, describe the property being transferred, and include the signature of the party transferring the property. In addition to being either official or private, deeds are classified as general warranty, special warranty, or quitclaim.

All documents put to record must be acknowledged and contain a notary seal. All acknowledgements by a Virginia notary must include their commission number, expiration date and a darkened seal. All of this information must be legible. A maximum of four documents per check will be accepted for recordation.

Legal Requirements for Deeds It should be an original or a first-generation printout as per Va. It should be written in printed ink or typed in ribbon copy, complying with general recording. All individual names need to be underlined or written in capital letters when they first appear in.

EFFECTIVE IMMEDIATELY All deeds recorded in the City of Norfolk MUST comply with the new provisions of Virginia Code Section 17.1-223. All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.

Yes you can complete and record your own deed. It must b properly signed, witnessed, and notarized.

A deed of trust will include the same type of information stated in a mortgage document, such as: The identities of the borrower, lender, and trustee. A full description of the property to be placed in trust. Any restrictions or requirements on the use of the property while it is in trust.

Where to Get a Deed of Trust? To get a Deed of Trust, you must file the proper paperwork with the proper court as generally outlined above. These documents must be filed with the county clerk or recorder, and the lender typically sends them to the recording office after the property closing.

If you know the instrument number or deed book and page number, you may request a copy of your deed either by mail or over the telephone by calling 703-691-7320, option 3 and then option 3 again. Send your written request to: Fairfax Circuit Court 4110 Chain Bridge Road, Suite 317 Fairfax, VA 22030.

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Deed Of Trust For Form 17 In Fairfax