Montgomery County APPOINTMENT OF SUBSTITUTE TRUSTEE(s) - for Deed of Trust Forms (Maryland)

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APPOINTMENT OF SUBSTITUTE TRUSTEE(s) - for Deed of Trust

State

Maryland

Area

Montgomery County

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Included Forms

All Montgomery County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Maryland and Montgomery County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These APPOINTMENT OF SUBSTITUTE TRUSTEE(s) - for Deed of Trust Forms:

• Montgomery County

Including:

• Ashton
• Barnesville
• Beallsville
• Bethesda
• Boyds
• Brinklow
• Brookeville
• Burtonsville
• Cabin John
• Chevy Chase
• Clarksburg
• Damascus
• Derwood
• Dickerson
• Gaithersburg
• Garrett Park
• Germantown
• Glen Echo
• Kensington
• Montgomery Village
• Olney
• Poolesville
• Potomac
• Rockville
• Sandy Spring
• Silver Spring
• Spencerville
• Suburb Maryland Fac
• Takoma Park
• Washington Grove

What is the Maryland APPOINTMENT OF SUBSTITUTE TRUSTEE(s) - for Deed of Trust

Use this form to substitute an existing Trustee in a previously recorded Deed of Trust. This is often done when the Trustee of record can't or won't act or upon default/foreclosure of the Deed of Trust.

"Trustee" means a person, other than the beneficiary, to whom a trust deed conveys an interest in real property, or the person's successor in interest, or an employee of the beneficiary, Under Maryland Real Property 7-105 and Maryland Rule 14-214(b)(2), corporate trustees may not exercise the power of sale. An individual (i.e., a "natural person") appointed as trustee in a deed of trust or as a substitute trustee shall conduct the sale of property subject to a deed of trust. The individual need not be a Maryland resident.
(If a mortgage or deed of trust allows for the appointment or substitution of a trustee or an individual authorized to exercise a power of sale, the holder of the mortgage or deed of trust may make the appointments or substitutions from time to time.) ( 7-105(5))

For use in Maryland only.

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The documents you receive here will meet, or exceed, the Montgomery County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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