Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust

• Category: Real Estate - Deeds
• State: Multi-State
• Control #: US-0621BG
• Format: Word; Rich Text

Description

Dedication, in property law means donation of land or creation of an easement for public use. It may be expressed or implied. An express dedication of property to public use is made by a direct appropriation of it to such use. A dedication of property to public or pious uses may be implied or inferred from the acts of the owner. For example, permission to use a street without bar or impediment for a long time is evidence from which a dedication to the public may be inferred. Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust is a legal document that signifies the transfer of certain land to a city or municipality for the purpose of creating a public street. It is commonly used in real estate transactions to establish the city's ownership rights over a specific portion of land. When a property owner decides to dedicate a portion of their land for a public street, they execute a deed that legally conveys the said land to the city. This deed ensures that the city has clear and undisputed ownership over the land, allowing them to possess, maintain, and use it for public street purposes. Additionally, this type of deed usually includes a release of lien of the deed of trust. A deed of trust is a legal instrument used to secure a loan against real property. By releasing the lien, the property owner eliminates the encumbrance on the title, guaranteeing that the city receives the land free from any loan obligations or potential claims. Keywords: Oklahoma, deed dedicating land, city, public street purposes, release of lien, deed of trust, real estate transactions, property owner, municipality, transfer, ownership rights. Different types or variations of this type of Oklahoma deed may include: 1. General Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: This is the most commonly used form, where a property owner willingly transfers land to the city for creating a public street while simultaneously declaring it free from any lien or loan obligations. 2. Specific Purpose Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: This type of deed may be used when the land is dedicated for a specific purpose, such as building a new road, expanding an existing street, or improving the transportation infrastructure within a city. 3. Partial Transfer Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: In some cases, a property owner might dedicate a smaller portion of their land for public street purposes, while still retaining ownership rights over the remaining land. This type of deed ensures a partial transfer of ownership while releasing any lien obligations. 4. Joint Venture Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: Occasionally, multiple property owners may collaborate in dedicating land for public street purposes within their shared boundaries. This type of deed allows for joint ownership and joint release of liens on the property, binding all involved parties in the agreement.

Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust is a legal document that signifies the transfer of certain land to a city or municipality for the purpose of creating a public street. It is commonly used in real estate transactions to establish the city's ownership rights over a specific portion of land. When a property owner decides to dedicate a portion of their land for a public street, they execute a deed that legally conveys the said land to the city. This deed ensures that the city has clear and undisputed ownership over the land, allowing them to possess, maintain, and use it for public street purposes. Additionally, this type of deed usually includes a release of lien of the deed of trust. A deed of trust is a legal instrument used to secure a loan against real property. By releasing the lien, the property owner eliminates the encumbrance on the title, guaranteeing that the city receives the land free from any loan obligations or potential claims. Keywords: Oklahoma, deed dedicating land, city, public street purposes, release of lien, deed of trust, real estate transactions, property owner, municipality, transfer, ownership rights. Different types or variations of this type of Oklahoma deed may include: 1. General Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: This is the most commonly used form, where a property owner willingly transfers land to the city for creating a public street while simultaneously declaring it free from any lien or loan obligations. 2. Specific Purpose Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: This type of deed may be used when the land is dedicated for a specific purpose, such as building a new road, expanding an existing street, or improving the transportation infrastructure within a city. 3. Partial Transfer Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: In some cases, a property owner might dedicate a smaller portion of their land for public street purposes, while still retaining ownership rights over the remaining land. This type of deed ensures a partial transfer of ownership while releasing any lien obligations. 4. Joint Venture Oklahoma Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust: Occasionally, multiple property owners may collaborate in dedicating land for public street purposes within their shared boundaries. This type of deed allows for joint ownership and joint release of liens on the property, binding all involved parties in the agreement.