If Fraud is committed by either the grantor or grantee, a deed can be declared invalid. For example, a deed that is a forgery is completely ineffective.
Real Estate and Mortgage Glossary Terms and definitions A
The original copy of a deed is returned to the owner once it has been duplicated, recorded, and filed in the office of the recorder.
Assignment Agreement, Assignment Agreement Template
Your trademark rights can be transferred to another through trademark assignment. By assigning a trademark, the right of future use of the trademark will be transferred to the assignee. Trademark assigning or assigning a trade name is done by completing and signing an assignment form. It should include the name and address of the assignor, as well as the assignee, and the trademark particulars. The trade name assignment form shall also contain a statement to the effect that the trademark shall not be used for any purpose other than that stated in the agreement. Many professionally drafted assignment sample forms are available at US Legal Forms.
El Paso County Official Public Records Search
In a number of jurisdictions, an individual selling a house is required to disclose any material defect known to him or her but not to the purchaser. A failure to disclose gives the buyer the right to cancel the deed, sue for damages, and in some instances, recover for personal injuries incurred as a result of such defect.
At Common Law , a deed was an instrument under seal that contained a Covenant or contract delivered by the individual who was to be bound by it to the party to whom it was granted. It is no longer required that such an instrument be sealed.
A mortgage deed refers to a deed accompanied by a mortgaged loan note. Every mortgage deed involves two steps: a promissory note and a mortgage. A note has details like amount owed, term of loan, etc. and is proof of existence of a mortgage. The mortgage is the means through which a borrower pledges or mortgages property as security for money received. The note and mortgage are two sides of the same coin and are inseparable. A mortgage follows the note and thus assignment of mortgage note results in assignment of a mortgage. In other words, a mortgage cannot be assigned without transferring the note. Therefore, assignment of note and mortgage happen simultaneously.
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Clerk & Recorder
Chuck Broerman
Download an Assignment of Mortgage or Deed of Trust. Sample previews and law summaries available for most states. Try our new Assignment of Mortgage Forms Package
Acceptance of a deed need not be made by express words or in writing, absent a contrary statutory provision. A deed is ordinarily accepted when the grantee retains it or obtains a mortgage on the property at issue.
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