In most states a certificate or memorandum of a trust agreement which conveys or entrusts an interest in real property may be recorded with the land records clerk of the appropriate county in lieu of the entire trust agreement. The certificate must be executed by the trustee and it must contain the following: (a) the name of the trust; (b) the street and mailing address of the office, and the name and street and mailing address of the trustee; (c) the name and street and mailing address of the trustor or grantor; (d) a legally sufficient description of all interests in real property owned by or conveyed to the trust; (e) the anticipated date of termination of the trust; and (f) the general powers granted to the trustee.
West Virginia Certificate or Memorandum of Trust Agreement
Category:
State:
Multi-State
Control #:
US-02330BG
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Certificate Or Memorandum Of Trust Agreement?
Have you been in the placement in which you need documents for possibly business or specific purposes almost every working day? There are tons of legitimate record layouts available on the net, but locating ones you can depend on is not straightforward. US Legal Forms gives thousands of form layouts, like the West Virginia Certificate or Memorandum of Trust Agreement, which can be written in order to meet state and federal needs.
Should you be already informed about US Legal Forms internet site and get an account, basically log in. Afterward, you are able to obtain the West Virginia Certificate or Memorandum of Trust Agreement design.
Unless you come with an accounts and wish to begin to use US Legal Forms, adopt these measures:
- Obtain the form you want and ensure it is for the correct area/state.
- Take advantage of the Preview switch to examine the form.
- Read the explanation to actually have selected the appropriate form.
- If the form is not what you`re seeking, utilize the Research field to find the form that suits you and needs.
- Once you obtain the correct form, simply click Get now.
- Opt for the pricing strategy you would like, submit the specified information to generate your money, and pay money for your order with your PayPal or credit card.
- Pick a hassle-free paper format and obtain your backup.
Locate each of the record layouts you possess purchased in the My Forms food selection. You can obtain a additional backup of West Virginia Certificate or Memorandum of Trust Agreement at any time, if required. Just go through the needed form to obtain or print the record design.
Use US Legal Forms, probably the most considerable selection of legitimate forms, in order to save time and avoid errors. The services gives professionally created legitimate record layouts that can be used for an array of purposes. Create an account on US Legal Forms and commence making your way of life easier.
Form popularity
FAQ
West Virginia has legalized TOD deeds by enacting the WV Real Property Transfer on Death Act. Previously, a property owner would most likely have named a beneficiary by creating a life estate with a remainder interest, a more complicated option usually involving a property lawyer.
6.1. Recording Without Stamps. -- Any clerk who shall record any document without the proper documentary stamp or stamps affixed thereto, as is indicated in such document or accompanying declaration, shall, upon conviction in a court of competent jurisdiction, be fined fifty dollars.
Declaration of consideration or value. The declaration states the property's value or the payment, called consideration, made for the property. The current owner, new owner, or another responsible party must sign the declaration. The West Virginia Code suggests language for a declaration of consideration or value.
A credit line deed of trust shall be, from the time it is duly recorded as required by law, security for all indebtedness or other obligations secured thereby at the time of recording and for all future advances secured thereby in an aggregate principal amount outstanding at any time not to exceed the maximum amount ...
West Virginia uses the Deed of Trust almost exclusively.
The basic filing fee to record a West Virginia deed is $27.00, which includes a $2.00 preservation fee. The clerk charges an extra $1.00 fee for each page beyond five pages. A deed transferring real estate for consideration costs an extra $20.00 fee.
A West Virginia deed transfers title to property from one party to another. The deed should be written for the date when the consideration (money) exchanges hands with the Grantee (buyer). The form should have the Preparer's, Grantor's, Grantee's information along with the legal description of the property.