Trust Of Deeds For Property In King
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FAQ
Property records are public. People may use these records for background information on purchases, mortgages, asset searches, and other legal and financial transactions.
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.
The King County Recorder's Office is charged with recording documents such as real estate deeds, mortgages, plats, and surveys. 1215 E. Fir St. Lobby hours: Tuesday and Wednesday, 10 a.m. to 3 p.m.
The best way you can prevent deed fraud is to register for the Notice of Recorded Document Program. Whenever a document is recorded on your property, you will be notified. If you suspect that fraudulent documents were recorded or were recorded without authorization, you should contact the Sheriff's Office immediately.
Property ownership information can be requested from the County Registrar-Recorder/County Clerk.
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.
Transfer the Deed. To transfer real estate into the trust, you must prepare a new deed that transfers ownership from you to the trustee of the trust. The deed must be signed, notarized, and recorded with the county recorder's office where the property is located.
This Deed of Trust (the “Trust Deed”) sets out the terms and conditions upon which: Settlor Name (the “Settlor”), of Settlor Address, settles that property set out in Schedule A (the “Property”) upon Trustee Name (the “Trustee”), being a Company duly registered under the laws of state with registered number ...
How do trusts work? A trust is a fiduciary1 relationship in which one party (the Grantor) gives a second party2 (the Trustee) the right to hold title to property or assets for the benefit of a third party (the Beneficiary). The trustee, in turn, explains the terms and conditions of the trust to the beneficiary.
