This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Wake North Carolina Authority to Release of Deed of Trust is a legal document that serves as proof of the release and discharge of a lien placed on a property by a lender or creditor. This document signifies that the borrower has satisfied the terms of the loan, and the property's title is now free and clear. In Wake County, North Carolina, there are two types of Authority to Release of Deed of Trust documents: 1. Partial Release of Deed of Trust: This type of release occurs when the borrower has made a partial payment towards the mortgage or loan amount, and the lender agrees to release a portion of the property from the lien. This allows the borrower to sell or refinance the released portion of the property while the lien remains on the remaining portion. 2. Full Release of Deed of Trust: This type of release occurs when the borrower has completely paid off the mortgage or loan amount, satisfying all the obligations stipulated in the deed of trust. The lender releases the entire property from the lien, granting the borrower complete ownership and control over the property. The Authority to Release of Deed of Trust document includes essential information such as the borrower's name, lender's name, property description, loan or mortgage account number, the legal description of the property, and the date of release. This document must be notarized, signed by the lender or creditor, and recorded with the Wake County Register of Deeds to ensure its validity and enforceability. When it comes to real estate transactions, a Wake North Carolina Authority to Release of Deed of Trust is a crucial document to secure and maintain a clear property title. It provides assurance to prospective buyers, protects the borrower's interests, and facilitates the smooth transfer of property ownership.Wake North Carolina Authority to Release of Deed of Trust is a legal document that serves as proof of the release and discharge of a lien placed on a property by a lender or creditor. This document signifies that the borrower has satisfied the terms of the loan, and the property's title is now free and clear. In Wake County, North Carolina, there are two types of Authority to Release of Deed of Trust documents: 1. Partial Release of Deed of Trust: This type of release occurs when the borrower has made a partial payment towards the mortgage or loan amount, and the lender agrees to release a portion of the property from the lien. This allows the borrower to sell or refinance the released portion of the property while the lien remains on the remaining portion. 2. Full Release of Deed of Trust: This type of release occurs when the borrower has completely paid off the mortgage or loan amount, satisfying all the obligations stipulated in the deed of trust. The lender releases the entire property from the lien, granting the borrower complete ownership and control over the property. The Authority to Release of Deed of Trust document includes essential information such as the borrower's name, lender's name, property description, loan or mortgage account number, the legal description of the property, and the date of release. This document must be notarized, signed by the lender or creditor, and recorded with the Wake County Register of Deeds to ensure its validity and enforceability. When it comes to real estate transactions, a Wake North Carolina Authority to Release of Deed of Trust is a crucial document to secure and maintain a clear property title. It provides assurance to prospective buyers, protects the borrower's interests, and facilitates the smooth transfer of property ownership.
