Cuyahoga Ohio Land Deed of Trust

State:
Multi-State
County:
Cuyahoga
Control #:
US-00181
Format:
Word; 
Rich Text
Instant download

Description

Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.


Cuyahoga County, located in the state of Ohio, utilizes a Land Deed of Trust as a legal instrument for securing and documenting property ownership and financial transactions. This deed serves as a legal document that establishes a lien on a property and outlines the rights and obligations of the borrower (trust or), lender (beneficiary), and trustee. Through the Cuyahoga Ohio Land Deed of Trust, the lender retains a security interest in the property until the borrower fulfills their financial obligations. There are various types of Cuyahoga Ohio Land Deeds of Trust that cater to specific needs and situations. Some of these types include: 1. Traditional Cuyahoga Ohio Land Deed of Trust: This is the most common type of deed used in Cuyahoga County, in which a borrower obtains a loan from a lender and pledges their property as collateral. The borrower signs the deed as the trust or, transferring legal title to the trustee to hold on behalf of the lender. Once the loan is fully repaid, the trustee releases the lien, and the borrower receives the full ownership of the property. 2. Cuyahoga Ohio Land Deed of Trust with Power of Sale: This type of deed grants the trustee the power to sell the property through a foreclosure process if the borrower defaults on the loan payments. The trustee can initiate a private foreclosure sale without having to go through the court system, providing a faster and more streamlined process compared to a judicial foreclosure. 3. Cuyahoga Ohio Land Deed of Trust without Power of Sale: Unlike the previous type, this deed does not grant the trustee the power to sell the property in case of default. If the borrower fails to meet their financial obligations, the lender would need to go through a judicial foreclosure process, seeking court approval to sell the property. 4. Cuyahoga Ohio Land Deed of Trust with Re conveyance Clause: This type of deed includes a clause that allows the trustee to execute a "reconveyance" once the borrower has satisfied their loan obligations. A reconveyance releases the deed of trust, conveying the property's title back to the trust or (borrower). Whether it's a traditional deed of trust or one with additional features, the Cuyahoga Ohio Land Deed of Trust plays a crucial role in securing property transactions and protecting the rights of both the borrower and lender. It is essential to consult legal professionals or experts in Cuyahoga County to ensure compliance with local laws and regulations when dealing with land deeds of trust in this area.

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FAQ

Finding the present owner of a property or home, if it is not you, can be done through the County Auditor's website using their property search tool. Note that you can search using the address, owner's name (if you know who owns it), or parcel ID.

In Ohio, county recorders are responsible for maintaining land records and making them accessible to the public. The Ohio Revised Code establishes fees recorders may charge for various services.

The recorder assigns a unique number to that deed, called an AFN, which stands for Automated File Number. That number shows the date that the county recorded the deed and the sequence in which it was recorded that day.

General Information. The Homestead Exemption is a property tax reduction available by application to seniors (age 65 or older) and the disabled (permanent/total). In 1970, Ohio voters approved a constitutional amendment permitting this exemption that reduced property taxes for eligible lower income home owners.

CORONAVIRUS NOTICE All documents must be fully executed, signed & notarized before you arrive at our office for recording. Filing hours are AM to PM Monday thru Friday. RECORDER STAFF CANNOT PROVIDE LEGAL ADVICE.

Deed transfer moves ownership or adds ownership of a property....How to Transfer a Deed in OhioGo to the Deed Transfer Department to obtain a transfer form for a quit claim deed or warranty deed.Take the form, along with the person to whom the the property is being transferred, to a notary public.More items...

If you do not have your original deed or a copy of your deed you can obtain a copy from the Map Room. Warning - Only fully completed DTE FORM 100 revised 05/11 and DTE FORM (EX) revised 09/12 will be accepted by the Fiscal Officer's office. document will then be recorded, by recording cashiers in the same location.

Please visit: . Information available to taxpayers about each property includes land and buildings data, ownership history, parcel and mailing addresses, transfer dates, purchase prices and taxes on all residential and commercial properties.

If you want to obtain a copy of the deed to your home, contact your local county recorder. In Ohio, county recorders are responsible for maintaining land records and making them accessible to the public. The Ohio Revised Code establishes fees recorders may charge for various services.

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In cuyahoga county real estate deeds, name changes to our mailing lists may contain all. Details Cuyahoga County Property Records are real estate documents that.You must be on the deed, or if the property is held in a trust, you must give the Auditor a copy of the trust. A quit claim deed should be filed with the Clerk of Court in the county where the property is located. Largest forms database in the USA with more than 80,000 federal, state and agency forms. The most commonly recorded documents are mortgages, deeds, assignments, releases and satisfactions. Status of Completion of the Project financed with Bond proceeds as described in the Official. Statement: Public Improvement. Budget. Work. Complete. Percent. Title insurance shields the lender and borrower from potential lawsuits that arise from disputes over the title.

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Cuyahoga Ohio Land Deed of Trust