Tennessee 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. A Tennessee Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust is a legal document used when an individual or entity wishes to dedicate a portion of their property to the city or municipality for the purpose of creating a public street or roadway. This type of deed is commonly used when a new development or subdivision is being established, and the construction of new streets is necessary to accommodate increased traffic and provide access to the new properties. By dedicating the land to the city, the property owner is essentially transferring ownership and control of the specified portion of land to the municipality. This allows the city to carry out necessary improvements and maintenance on the road, such as widening, repaving, and adding sidewalks or curbs, without seeking permission from the property owner. The dedicated land becomes a part of the public street system and is subject to all applicable regulations and ordinances governing public streets. In addition to dedicating the land for public street purposes, this type of deed also includes a release of lien of a previous deed of trust. A deed of trust is a document used in real estate transactions to provide security for a loan or mortgage. It places a lien on the property, allowing the lender to take ownership of the property if the borrower defaults on the loan. However, when a deed dedicating land for public street purposes is executed, the lien on the property from the previous deed of trust is released, allowing for the clear transfer of the property to the city. There may be different variations of the Tennessee Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust, depending on specific circumstances and legal requirements. Some possible variations could include different forms to be used for residential or commercial properties, specific clauses regarding required public amenities like street lighting or landscaping, or additional provisions related to the financing or construction of the dedicated street. It is important to consult with an attorney or legal professional to ensure that the specific requirements of the deed are met to effectively transfer ownership and release any existing liens on the property.

A Tennessee Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust is a legal document used when an individual or entity wishes to dedicate a portion of their property to the city or municipality for the purpose of creating a public street or roadway. This type of deed is commonly used when a new development or subdivision is being established, and the construction of new streets is necessary to accommodate increased traffic and provide access to the new properties. By dedicating the land to the city, the property owner is essentially transferring ownership and control of the specified portion of land to the municipality. This allows the city to carry out necessary improvements and maintenance on the road, such as widening, repaving, and adding sidewalks or curbs, without seeking permission from the property owner. The dedicated land becomes a part of the public street system and is subject to all applicable regulations and ordinances governing public streets. In addition to dedicating the land for public street purposes, this type of deed also includes a release of lien of a previous deed of trust. A deed of trust is a document used in real estate transactions to provide security for a loan or mortgage. It places a lien on the property, allowing the lender to take ownership of the property if the borrower defaults on the loan. However, when a deed dedicating land for public street purposes is executed, the lien on the property from the previous deed of trust is released, allowing for the clear transfer of the property to the city. There may be different variations of the Tennessee Deed Dedicating Land to City for Public Street Purposes with Release of Lien of Deed of Trust, depending on specific circumstances and legal requirements. Some possible variations could include different forms to be used for residential or commercial properties, specific clauses regarding required public amenities like street lighting or landscaping, or additional provisions related to the financing or construction of the dedicated street. It is important to consult with an attorney or legal professional to ensure that the specific requirements of the deed are met to effectively transfer ownership and release any existing liens on the property.