Get the free 55-58. Form of deed of trust to secure debts, etc - Virginia... - codecommission dls...

#XX: Form and Effect of Deeds and Covenants; Liens10/5/2017 01:26 PM1CHAPTER 4 × 3 .2FORM AND EFFECT OF DEEDS AND COVENANTS; LIENS. Page 1 of 653Drafting note: Existing Chapter 4, Form and Effect

How to fill out 55-58 form of deed

How to fill out 55-58 form of deed

1. To fill out the 55-58 form of deed, follow these steps:
2. Start by providing the necessary information at the top of the form, such as the title of the document, the names of the grantor and grantee, and the property location.
3. Proceed to section 1, where you will need to indicate whether the grantor is an individual, a corporation, or another entity.
4. In section 2, provide details about the grantee, including their name, address, and other relevant information.
5. Section 3 requires you to describe the property being conveyed, including its legal description and any relevant encumbrances.
6. In section 4, indicate the consideration or value of the property being transferred.
7. Section 5 is where you disclose any liens, mortgages, or other encumbrances on the property.
8. Lastly, ensure that the form is signed and dated by the grantor and notarized as required.
9. Please note that this is a general outline, and it is always recommended to consult with a legal professional or review the specific instructions provided with the form for accurate completion.

Who needs 55-58 form of deed?

1. The 55-58 form of deed is typically needed by individuals or entities involved in real estate transactions where a transfer of property ownership is taking place.
2. This form is commonly used by grantors (sellers) and grantees (buyers) to document the transfer of property rights.
3. Financial institutions, lawyers, and title companies may also require this form to ensure proper recording of the transaction and to establish clear ownership.

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What is 55-58 form of deed?

The 55-58 form of deed is a legal document used to transfer ownership of real property from one party to another party in Massachusetts.

Who is required to file 55-58 form of deed?

The buyer or grantee is typically responsible for filing the 55-58 form of deed with the appropriate registry of deeds.

How to fill out 55-58 form of deed?

The 55-58 form of deed must include detailed information about the property being transferred, as well as information about the buyer and seller.

What is the purpose of 55-58 form of deed?

The purpose of the 55-58 form of deed is to provide a legal record of the transfer of ownership of real property.

What information must be reported on 55-58 form of deed?

The 55-58 form of deed typically requires information such as the names and addresses of the buyer and seller, a legal description of the property, and the sale price.