Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual

State:
North Carolina
City:
Wilmington
Control #:
NC-S124-Z
Format:
Word; 
Rich Text
Instant download

Description

This form is for a holder of a deed of trust or mortgage (see title) to release a portion of the real property described as security. It asserts that the identified and referenced deed of trust or mortgage remains in full force or effect as to the remaining property. The Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual is a legal document that allows an individual to release a portion of their property from a previously recorded Deed of Trust. This release allows the individual to remove a specific portion of their property from being used as collateral for a loan, while still keeping the remaining portion of the property encumbered. Keywords: Wilmington North Carolina, Partial Release of Property, Deed of Trust, Individual, legal document, collateral, loan. Types of Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual: 1. Residential Partial Release of Property: This type of release is commonly used by homeowners in Wilmington, North Carolina, who are looking to remove a portion of their residential property from the Deed of Trust. It could be, for example, if the homeowner wishes to sell a subdivided section of their land or wants to use a specific part of their property for other purposes. 2. Commercial Partial Release of Property: This release is suitable for individuals who own commercial properties, such as office buildings, retail spaces, or industrial facilities, in Wilmington, North Carolina. They may decide to release a specific portion of their property to sell, lease, or develop independently of the rest of their property. 3. Land Partial Release of Property: This type of release is applicable to individuals who own undeveloped land in Wilmington, North Carolina. They may choose to release a portion of their land to transfer ownership, grant an easement, or conduct any other desired transaction while keeping the remaining land under the Deed of Trust. 4. Waterfront Property Partial Release: This release is specific to individuals who own waterfront properties in Wilmington, North Carolina. They may want to release a portion of their waterfront land for sale or other purposes, while ensuring that the rest of their property remains encumbered by the Deed of Trust. 5. Partial Release for Investment Properties: Investors who own multiple properties in Wilmington, North Carolina, may require a partial release to separate a single property or a portion of a property from the Deed of Trust. This allows them to sell or refinance the released portion independently without affecting the other properties tied to the Deed of Trust. In conclusion, the Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual enables property owners to selectively release portions of their property from a recorded Deed of Trust, allowing for separate transactions or independent use while preserving the Deed of Trust on the remaining property.

The Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual is a legal document that allows an individual to release a portion of their property from a previously recorded Deed of Trust. This release allows the individual to remove a specific portion of their property from being used as collateral for a loan, while still keeping the remaining portion of the property encumbered. Keywords: Wilmington North Carolina, Partial Release of Property, Deed of Trust, Individual, legal document, collateral, loan. Types of Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual: 1. Residential Partial Release of Property: This type of release is commonly used by homeowners in Wilmington, North Carolina, who are looking to remove a portion of their residential property from the Deed of Trust. It could be, for example, if the homeowner wishes to sell a subdivided section of their land or wants to use a specific part of their property for other purposes. 2. Commercial Partial Release of Property: This release is suitable for individuals who own commercial properties, such as office buildings, retail spaces, or industrial facilities, in Wilmington, North Carolina. They may decide to release a specific portion of their property to sell, lease, or develop independently of the rest of their property. 3. Land Partial Release of Property: This type of release is applicable to individuals who own undeveloped land in Wilmington, North Carolina. They may choose to release a portion of their land to transfer ownership, grant an easement, or conduct any other desired transaction while keeping the remaining land under the Deed of Trust. 4. Waterfront Property Partial Release: This release is specific to individuals who own waterfront properties in Wilmington, North Carolina. They may want to release a portion of their waterfront land for sale or other purposes, while ensuring that the rest of their property remains encumbered by the Deed of Trust. 5. Partial Release for Investment Properties: Investors who own multiple properties in Wilmington, North Carolina, may require a partial release to separate a single property or a portion of a property from the Deed of Trust. This allows them to sell or refinance the released portion independently without affecting the other properties tied to the Deed of Trust. In conclusion, the Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual enables property owners to selectively release portions of their property from a recorded Deed of Trust, allowing for separate transactions or independent use while preserving the Deed of Trust on the remaining property.

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Wilmington North Carolina Partial Release of Property From Deed of Trust for Individual