Dallas Texas Land Deed of Trust

Name: Dallas Texas Land Deed of Trust
Brand: US Legal Forms
Rating: 4.6 (279 reviews)

Category:

Real Estate - Mortgages and Deeds of Trust

State:

Multi-State

County:

Dallas

Control #:

US-00181

Format:

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.

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FAQ

Texas is one of the few states that is a deed of trust state. While many people take out a mortgage to purchase real estate, which is a loan borrowed from a bank to finance the purchase of a home, in most states, there are only two parties named on this legal document the lender (bank) and the borrower (homeowner).

Visit the land records division in the county clerk's office in the county where the land at issue in the deed of trust is located. Ask the clerk to record the deed of trust. Pay the required filing fee.

Beneficiary/Payee: --Deed of Trust lien becomes barred 4 years after original/extended maturity date of the secured obligation TEX. CIVIL PRACTICE & REMEDIES CODE §16.035.

A Deed of Trust in Texas transfers title of real property in trust. It is the equivalent to a mortgage used in other states and provides a secured interest for a lender against real estate. It is often used as part of a real estate transaction that includes a Warranty Deed with a Vendor's Lien and a Promissory Note.

A deed is a legal document that transfers real property from one party to another. In Texas, property owners can use a grant deed to transfer real estate with implied covenants of title.

In Texas, a deed of trust, also known as a trust deed, is the commonly used instrument for the purpose of creating mortgage liens on real estate. A mortgage is an executed contract in which the legal or equitable owner of the real property pledges the title thereto as security for performance of an obligation.

You may obtain Texas land records, including deeds, from the county clerk in the Texas county in which the property is located. You can search online for a deed in some counties, or else request the deed from the clerk in person, by mail, phone, fax or email.

The County Clerk's office maintains Official Public Records beginning in 1836. The records include deeds, land patent records, mortgages, judgments and tax liens.

There are four major deeds in Texas: general warranty deeds, special warranty deeds, no warranty deeds, and quitclaims.

You need to contact the appropriate taxing entity or their tax assessor/collector for tax documents. o Deeds The DCAD does not produce deeds; you can contact the Dallas County Clerk's office for official copies of deeds.

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Fundamental differences exist between deeds of trust and mortgages, however. In the Real Property.Complete, ready-to-be-signed legal documents emailed in about an hour. It is not until an AofH has been on file in the Deed Records for 5 years that it becomes prima facie evidence of title (Texas Estates Code §203. The most commonly recorded documents are mortgages, deeds, assignments, releases and satisfactions. Recordings are completed immediately in the County Clerk's Office. A Standard Document used to convey Texas real property to a revocable trust. All parties involved in a real estate deal want the transaction to be completed as smoothly and quickly as possible. High-Yield Trust Deed Investments. You can join our network of investors!

Dallas Texas Land Deed of Trust

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Is Texas a deed or title state?

How do I get a deed of trust in Texas?

Does a deed of trust expire in Texas?

How does deed of trust work in Texas?

Does Texas use grant deeds?

Does Texas use deeds of trust?

How do I get a copy of a deed of trust in Texas?

Are deeds public record in Texas?

What type of deed is used in Texas?

How do I get a copy of my deed in Dallas?

Interesting Questions

What is a land deed of trust in Dallas?

How does a land deed of trust work?

What is the role of a trustee in a land deed of trust?

How is a land deed of trust different from a mortgage?

Can the lender foreclose on a property with a land deed of trust?

What happens when a land deed of trust is paid off?

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