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A deed that transfers title to DC real estate must be filed with the recorder of deeds for recording to provide notice of a transfer to third parties. DC law requires a deed to be recorded within 30 days after it is signed and docHubd.
An attorney licensed to practice law in Ohio must prepare deeds, powers of attorney, and other instruments that are to be recorded.
If the loan is completely paid off (either before or at the end of the loan term), the Trustee is responsible for dissolving the Trust and transferring the legal title over to the new owner (the borrower).
You may research this information at: Office of the Recorder of Deeds or Real Property Tax Database Search. The cost to purchase a copy is $2.25 per page plus ($2.25) per document for certification of a copied document. Your copies will be mailed promptly to you.
A deed of trust the form used almost exclusively in Virginia and in many other states in place of a true mortgage is similar to a mortgage in that both create a lien on the property to secure repayment of a loan. This lien gives the lender the right to sell the real property in the event the loan is not repaid.
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Most states, including Tennessee and Virginia, utilize the deed of trust. Lenders prefer the deed of trust because in the event of a foreclosure, the neutral trustee conducts the sale, not the lender. This frees up the lender to bid on the property, which is common.
If Your Deed Is Not Recorded, the Property Could Be Sold Out From Under You (and Other Scary Scenarios) In practical terms, failure to have your property deed recorded would mean that, if you ever wanted to sell, refinance your mortgage, or execute a home equity line of credit, you could not do so.
With your mortgage paid off, you do not have to send the mortgage company any more money. Send discharge of mortgage letter to your county: Your mortgage company should send all of the required documents to your county clerks office notifying them that your home is no longer bound by a mortgage.
In Alabama, Arizona, Arkansas, Illinois, Kentucky, Maryland, Michigan, Montana and South Dakota, the lender has the choice of either a mortgage or deed of trust. In any other state, you must have a mortgage.
When you pay off a mortgage, the original deed of trust is sent back to you by the mortgage holder marked paid or cancelled. This process usually takes up to 60 days, but because deeds are public records, you can check on the progress with your county registrar.

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