How to Modify a Deed of Trust After 10 Years
A deed of trust is a deed wherein legal interest in real estate is transferred to a trustee. The trustee holds the deed of trust as security for a loan between a borrower and a lender. If the interest that the parties have in the property changes after 10 years or the deed no longer reflects the true intention of the parties involved, complete a modification of permanent deed of trust. Sign the form, and the modification immediately goes into effect.
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Instructions
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Download a modification of permanent deed of trust form. Blank templates are available through online and local legal document suppliers (see link in References for example).
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Complete the modification of permanent deed of trust form. Enter the effective date of the deed of trust, the names of the parties involved, and the county in which the original deed of trust is recorded.
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Identify the articles you wish to modify. For example, add the legal description of property or modify an incorrect date.
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Modify the deed of trust in your own words. Attach additional pages if necessary.
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Sign and date the form in front of a notary public to convey the modification. Present the notary public with two forms of government-issued identification.
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