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A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds, mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements, and court orders. There is generally ...
Original file (695 × 1,293 pixels, file size: 65.98 MB, MIME type: application/pdf, 1,238 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
It is possible for a person — in this case, the boyfriend's father — to be listed on a deed to a home but not the mortgage. But there's not a lot of upside in that scenario for anyone other ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
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