Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is a legal document that releases a portion of the mortgage or deed of trust on a specific mineral or royalty interest that has been sold by the granter. This form allows for the partial release of the mortgage or deed of trust, which means that the granter retains ownership of some interests while selling others. In Ohio, there are various types of Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter, including: 1. Ohio Partial Release of Mortgage: This type of release specifically pertains to the mortgage on a mineral or royalty interest sold by the granter. It allows the granter to release a portion of the mortgage, indicating that the interest has been sold to another party. 2. Ohio Partial Release of Deed of Trust: Similar to the release of mortgage, this form focuses on the deed of trust associated with a mineral or royalty interest. It allows the granter to release a portion of the deed of trust, signifying that the interest has been sold to another party. 3. Ohio Partial Release of Mineral Interest: This type of release is specific to the mineral interest itself. It enables the granter to release a portion of their mineral interest, indicating that they have sold a portion to another party while retaining ownership of the rest. 4. Ohio Partial Release of Royalty Interest: This form pertains to the release of a royalty interest associated with a particular mineral. It allows the granter to release a portion of their royalty interest, signifying that they have sold part of it to another party. The Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is an important document when there is a partial sale of these interests. It ensures that the transaction is legally documented, protecting the rights and interests of both the granter and the purchaser. It is essential to consult with a qualified attorney or legal professional to draft and execute this document accurately, considering the specific details and requirements of the transaction.
Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor
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How to fill out Partial Release Of Mortgage / Deed Of Trust On A Mineral / Royalty Interest Sold By Grantor?
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FAQ
Race-Notice Jurisdictions Thus, it is a ?race? between the two buyers to record their deeds. But, the subsequent bona fide buyer is only allowed to compete in the race if they didn't know about the earlier property transfer. Ohio is a race-notice jurisdiction.
But Ohio law is clear that recording a deed is not required to pass title. Whether recorded or not, a deed in Ohio passes title upon its proper execution and delivery to the grantee. The law states that actual delivery of the document is sufficient to transfer ownership between the parties.
An attorney licensed to practice law in Ohio must prepare deeds, powers of attorney, and other instruments that are to be recorded. One exception is that a party to the transaction may prepare an instrument in which they are a party.
States that follow the Race-Notice statute: Alaska, Arkansas, California, Colorado, District of Columbia, Georgia, Hawaii, Idaho, Indiana, Maryland, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Jersey, New York, North Dakota, Ohio (regarding mortgages, OH follows the Race statute), Oregon, ...
The signing shall be acknowledged by the grantor, mortgagor, vendor, or lessor, or by the trustee, before a judge or clerk of a court of record in this state, or a county auditor, county engineer, notary public, or mayor, who shall certify the acknowledgement and subscribe the official's name to the certificate of the ...
Ohio is a One-Party Recording State Due to Ohio's one-party consent laws (Ohio Rev. Code Ann. § 2933.52), you could face criminal charges if you use any device, including a cell phone, to share any communication or record another person without their consent.
A mortgage shall be discharged upon the record of the mortgage by the county recorder when there is presented to the county recorder a certificate executed by the mortgagee or the mortgagee's assigns, acknowledged as provided in section 5301.01 of the Revised Code, or when there is presented to the recorder a deed of ...
A jurat is an act requiring the signer to give an oath or affirmation that the statement in the notarized document is true and correct and the signer must sign the notarized document in the presence of a notary public. A jurat is required on documents such as an affidavit and motor vehicle title.
Section 5301.233 | Mortgage may secure unpaid balances of advances made.
