* Deed of trust. This is the mortgage document. As you stated in your question, it is recorded among the land records, andyour lenderkeeps the original. When you pay off the loan, the lender will return the deed of trust with the promissory note. Who holds title in a trust? Based on...
Does Title Matter? The title and mortgage are in your name, you can kick your spouse out, right? Maybe your partner signed a quit claim deed; the house is yours! Sorry, but for both of these examples, you would be wrong. When dividing assets, the issue of who holds the title is a...
Adeed of trustis a secured property transaction used in some states in place of a mortgage or home loan. It is different from a property deed. Under a deed of trust, a grantor (or borrower) gives a lender one or more promissory notes. These are legal documents that state the borrower'...
Mortgage Company or Individual License: The Nationwide Mortgage Licensing System has a service called NMLS Consumer Access that allows you to search for and confirm that a mortgage company, loan servicer, or mortgage professional with whom they wish to conduct business is licensed in your state. ...
NEW YORK (AP) — Roger Craig, who pitched for three championship teams during his major league career and then managed the San Francisco Giants to the 1989 World Series that was interrupted by a massive earthquake, has died. He was 93.
Back then I thought the established church a failure; full of hypocrite fat-cat conservatives, intolerant, self-righteous, narrow-minded. (Much of which still holds true, as in the oxymoron,Christian nationalist.) I tried other ways ofComing to Terms With Life; self-hypnosis, Alpha Thinking,...
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Answer to: In reference to a promissory note, the person who makes the promise to pay is called the: a. maker. b. payee. c. seller. d...
An owner-occupant is a resident of a property who holds thetitleto that property. In contrast, an absentee owner carries the title to the property but doesn't live there. An absentee landlord is a type of absentee owner. Key Takeaways ...
Real Estate Mortgage Investment Conduit (REMIC) Estates Trusts2 The IRS is not biased toward the size of the company. This means that even those with only one employee are just as eligible for an EIN asmultinational corporations. Fast Fact ...