Products tagged with 'deed of trust form'

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Maryland Deed of Trust

Maryland is a "Deed of Trust state" and typically, a Deed of Trust is used instead of a mortgage loan to finance the purchase of real estate.
Title to the property is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure that the purchaser makes the loan payments on time and honors its obligations under the loan.
If the purchaser defaults, the balance of the loan becomes immediately payable and the trustee may sell the property to satisfy the debt.
The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.
Available in MS Word format.
Intended to be used only in the State of Maryland.

$17.99

A Deed of Trust is used in place of a mortgage as security to repay a purchase loan for real property (except for agricultural farm land).
The title deed is conveyed by the purchaser (borrower) to a trustee, who holds it on behalf of the lender to secure the borrower's repayment of the debt under the promissory note and performance of the borrower's obligations under the Deed of Trust.
If the borrower defaults, the balance becomes due and payable and the lender may foreclose and cause the trustee to sell the property.
The Deed of Trust includes standard covenants as required under federal laws.
The redemption period after judicial or non-judicial sale of the property is set at one month.
If the borrower is in default, the lender has the right to appoint a receiver over the property.
Available in MS Word format.
Intended to be used only in the State of New Mexico.

$17.99

This form contains clauses for both a full release and a partial release, and can be used for either.
This is a reusable legal form template. Once you download it, you can use it as often as you require.
This Texas Release of Deed of Trust form is available in MS Word format. We can convert it to another format upon request.

$6.29

In addition to the Note, the borrower will execute a Deed of Trust, transferring the title deed to a trustee until the loan is repaid.
The borrower will make monthly payments on the outstanding balance of the loan.
If the borrower defaults in making the payments, the note holder has the right to accelerate the loan and demand repayment of the entire loan balance in 30 days.
The borrower also promises to pay the note holder's costs in enforcing the Note, including reasonable attorneys' fees.
The Virginia Fixed Rate Note is prepared in plain language so it is easy to understand.

$6.29

The loan is secured by a Deed of Trust, under which the title deed is transferred to a trustee until the loan is repaid.
The borrower will make monthly payments of principal and accrued interest until the loan is repaid.
If there is any amount still owing on the maturity date, the borrower agrees to pay the full balance at that time.
If the borrower fails to make payments as required, the note holder can demand repayment of the entire amount of principal and accrued interest outstanding.
The borrower agrees to pay the note holder's costs, including reasonable attorneys' fees, incurred in enforcing the Note.
This template is a plain language legal form, easy to use and understand. Available in MS Word format.
Intended for use only in the State of West Virginia.

$6.29

A land trust is a method of real estate ownership in which a trustee holds legal title to the real estate.
The trust's beneficiaries have full power to dispose of the property and complete control over its management.
The beneficiaries' rights and powers pass to their executors upon their death, and do not form part of their estate.
The beneficiaries have the right to revoke, alter or amend the trust agreement on written notice to the trustee.
The beneficiaries are responsible for filing tax reports and paying all real estate taxes and charges on the property.
Available in MS Word format and fully editable.
Intended for use only in the State of Illinois.

$17.99