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How to secure table of contents deed

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hi my name is art macabre Im the managing attorney with Mac number law and this video address question how do you find out if you have deed restrictions how do you find out if you have deed restrictions lets start with a definition a deed restriction is a restriction on how you may use your property the first place to go to find out this information is the deed itself read your deed and you will have started the process of knowing if you have deed restrictions not all restrictions pertaining to your parcel are found in the current deed remember that there is a chain of deeds for your property going back in time to the original US government patent any of the deeds in that chain may contain a restriction with which you must abide to complicate matters some deed restrictions such as racial restrictions on who you may sell your property to are void as a matter of law while others such as restrictions on the sale of alcoholic beverages put in place during the Prohibition era are probabl

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What is a deed to secure debt Georgia?

In the State of Georgia, the instrument used to secure a debt on property is called a Deed to Secure Debt or Security Deed. Under Georgia law, the lender is deeded the property, but in a lesser form of a deed that becomes activated if the borrower defaults in some way.

What is the difference between a mortgage and a deed to secure debt?

It is typically much faster under a security deed than a mortgage. Under a security deed, the lender is automatically able to foreclose or sell the property when the borrower defaults. Foreclosing on a mortgage, on the other hand, involves additional paperwork and legal requirements, thus extending the process.

What is a security trust deed?

A deed of trust, or security deed, as it is known in some jurisdictions, is a form of mortgage. A borrower of money signs a promissory note demonstrating the debt owed to the lender. The promissory note will generally recite the purpose of the loan and indicate that it is secured by real property.

Is a security instrument the same as a deed of trust?

This document may be called the Security Instrument, Deed of Trust, or Mortgage. When you sign this document, you are giving the lender the right to take your property by foreclosure if you fail to pay your mortgage ing to the terms youve agreed to.

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