Fayette County Deed of Trust Forms (Tennessee)

Form Package

Deed of Trust

State

Tennessee

Area

Fayette County

Price

$27.97

Delivery

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Included Forms

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

Included Supplemental Documents

The following Tennessee and Fayette County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Deed of Trust Forms:

• Fayette County

Including:

• Braden
• Gallaway
• La Grange
• Laconia
• Macon
• Moscow
• Oakland
• Rossville
• Somerville
• Williston

What is the Tennessee Deed of Trust

A deed of trust (DOT), is a document that conveys title to real property to a trustee as security for a loan until the grantor (borrower) repays the lender according to terms defined in an attached promissory note. It's similar to a mortgage, but differs in that mortgages only include two parties (borrower and lender).
In Tennessee, a Deed of Trust is the most commonly used instrument to secure a loan. Foreclosure can be done non-judicially, saving time and expense. This process is called a Trustee Sale.
There are three parties in this Deed of Trust:
1- The Grantor (Borrower)
2- Holder (Lender) and a
3- Trustee (Neutral Third Party)
Basic Concept. The Trustor (Borrower) conveys property title to a Trustee (Neutral Party). A Trustee or beneficiary/Lender can take an action against any person for damages.
This form can be used by a party selling/financing their own house, rental, condominium or small office building. A Promissory Note and Deed of Trust combined with stringent default terms, can be advantageous to the Lender.

(Tennessee DOT Package includes form, guidelines, and completed example)

Our Promise

The documents you receive here will meet, or exceed, the Fayette 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 Fayette County Deed 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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