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New York - Saratoga County Memorandum of Trust Forms

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Form Package
Memorandum of Trust
State
New York
Area
Saratoga County
Price
$27.97
Delivery
Immediate Download

Payment Information

Included Forms

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


Saratoga County Memorandum of Trust Form Page 1

Memorandum of Trust Form - Saratoga County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 7/7/2022

Saratoga County Completed Example of the Memorandum of Trust Page 1

Completed Example of the Memorandum of Trust - Saratoga County

Line by line guide explaining every blank on the form.
Included document last updated 7/26/2022

Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by New York or Saratoga County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the Saratoga County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our Saratoga County Memorandum of Trust forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
  • Can the Memorandum of Trust forms be re-used?
    • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Saratoga County that you need to transfer you would only need to order our forms once for all of your properties in Saratoga County.
  • Are these forms guaranteed to be recordable in Saratoga County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Saratoga County including margin requirements, content requirements, font and font size requirements.
  • Do I have to enter all of my property information online?
    • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
  • Can I save the completed form, email it to someone?
    • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
  • Do I need any special software to use these forms?
    • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Memorandum of Trust Forms:

  • Saratoga County

Including:

  • Ballston Lake
  • Ballston Spa
  • Burnt Hills
  • Clifton Park
  • Corinth
  • Galway
  • Gansevoort
  • Greenfield Center
  • Hadley
  • Mechanicville
  • Middle Grove
  • Porter Corners
  • Rexford
  • Rock City Falls
  • Round Lake
  • Saratoga Springs
  • Schuylerville
  • South Glens Falls
  • Stillwater
  • Victory Mills
  • Waterford

What is the New York Memorandum of Trust?

Using a New York Memorandum of Trust

In New York, trustees of personal trusts use a memorandum of trust to certify the existence of a trust and their authority to act on behalf of the trust. The memorandum is used in place of the actual trust document and provides only essential information about the trust for lending institutions or other third parties. In this way, information that may be personal in nature, such as the designated beneficiaries under the trust, is kept confidential.

The memorandum is executed and signed by the grantor of the trust under the trust instrument, as well as the trust's formal name and date of origination. It identifies the trustee and any successor trustees with power to act on behalf of the trust.

The difference between a declaration of trust and a trust agreement, as designated in the memorandum of trust document, is the grantor's relationship to the trustee. If the trustee and the grantor are the same person and the grantor controls trust assets, the trust falls under a declaration of trust. If the grantor and the trustee are separate people and the trustee controls the trust assets, trust is under a trust agreement [1].

The distinction between a declaration of trust and a trust agreement also affects the name by which the trust takes title to real property as a grantee. In the following example, "John Doe," under a declaration of trust, serves as both grantor and trustee: "John Doe, trustee under declaration of trust dated mm/dd/yyyy." Under a trust agreement, the grantor name is included as well: "John Doe under agreement with Robert Grantor dated mm/dd/yyyy" [1].

All recorded documents relating to real property in the State of New York are required to include a physical description of the property, as well as the section, lot, block, and unit numbers.

[1] https://www.treasurydirect.gov/indiv/planning/plan_estate_trustsq_a.pdf

Our Promise

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

Save Time and Money

Get your Saratoga County Memorandum of Trust form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

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