Dinwiddie County Deed of Trust and Promissory Note Forms (Virginia)
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Form Package
Deed of Trust and Promissory Note
State
Virginia
Area
Dinwiddie County
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Dinwiddie County specific forms and documents listed below are included in your immediate download package:
Deed of Trust Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 3/26/2024
Deed of Trust Guidelines
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 2/12/2024
Completed Example of the Deed of Trust
Example of a properly completed form for reference.
Included document last reviewed/updated 2/22/2024
Promissory Note Form
Note that is secured by the Deed of Trust.
Included document last reviewed/updated 2/22/2024
Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 1/9/2024
Completed Example of the Promissory Note Document
Example of a properly completed form for reference.
Included document last reviewed/updated 1/30/2024
Subordination Agreements
Used to place priority on claim of debt. Included are 4 clauses for unique situations. If needed, add to Deed of Trust as an addendum or rider.
Included document last reviewed/updated 4/5/2024
Annual Accounting Statement
Mail to borrower for fiscal year reporting.
(A request for payoff information under this section may be made one time within a 12-month period without charge) (6.2-418)
Included document last reviewed/updated 3/15/2024
Included Supplemental Documents
The following Virginia and Dinwiddie County supplemental forms are included as a courtesy with your order.
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 Virginia or Dinwiddie 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?
Forms are NOT emailed to you. Immediately after you submit payment, the Dinwiddie County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Dinwiddie County Deed of Trust and Promissory Note 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 Deed of Trust and Promissory Note 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 Dinwiddie County that you need to transfer you would only need to order our forms once for all of your properties in Dinwiddie County.
Are these forms guaranteed to be recordable in Dinwiddie County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Dinwiddie 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 Deed of Trust and Promissory Note Forms:
- Dinwiddie County
Including:
- Ammon
- Carson
- Church Road
- Dewitt
- Dinwiddie
- Ford
- Mc Kenney
- Sutherland
- Wilsons
What is the Virginia Deed of Trust and Promissory Note
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 the Commonwealth of Virginia, 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- Beneficiary (Lender) and a
3- Trustee (Neutral Third Party) (Our guidelines will show how to choose a Trustee at little to no cost)
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.
Due on Sale Clause: It allows the lender to call or modify the loan if the borrower conveys/sells the property. ("Notice - The debt secured hereby is subject to call in full or the terms thereof being modified in the event of sale or conveyance of the property conveyed.") Required format where (any loan is secured by a mortgage or deed of trust on real property comprised of one- to four-family residential dwelling units.) (VA. Revised Statutes 6.2-417)
These forms are flexible, they can be used for financing residential property, agricultural property, rental property, condominiums, and or small office buildings, with or without existing liens and encumbrances.
A "Special Provisions" section is included for any information specific to your transaction.
The Promissory Note offers options of financing, conventional installments, or installments combined with a balloon payment, common with Owner Financing transactions. Late Charges and Default rates are set within.
(Any lender or seller may impose a late charge for failure to make timely payment of any installment due on a debt, whether installment or single maturity, provided that such late charge does not exceed five percent of the amount of such installment payment and that the charge is specified in the contract between the lender or seller and the debtor.) (6.2-400 (B))
In addition to any other remedies available to Lender if this Note is not paid in full at the Maturity Date, Borrowers shall pay to Lender an Overdue Loan Fee, which fee shall be due at the time this Note is otherwise paid in full. The "Overdue Loan Fee" shall be determined based upon the outstanding principal balance of this Note as of the Maturity Date and shall be:
(a) one percent (1.0%) Of such principal balance if the Note is paid in full on or after thirty (30) days after the Maturity Date but less than sixty (60) days after the Maturity Date, or
(b) two percent (2.0%) of such principal balance if the Note is paid in full on or after sixty (60) days after the Maturity Date.
A Deed of Trust secured by a Promissory Note that includes stringent default terms, can be advantageous to the Lender and favorable to Owner Financing.
(Virginia DOT Package includes forms, guidelines, and completed examples) For use in the Commonwealth of Virginia only.
Our Promise
The documents you receive here will meet, or exceed, the Dinwiddie 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 Dinwiddie County Deed of Trust and Promissory Note 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.
Reviews
4.8 out of 5 (4324 Reviews)
Michael L.
April 25th, 2024
Professional, simple. Very good.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Barbara A.
April 25th, 2024
Always helpful!\r\n
We are thankful for your continued support and feedback, which inspire us to continuously improve. Thank you..
Mark E.
April 25th, 2024
This was easy to use and only contained one glaring error-where to send the completed form to finish the process. I’ve completed the form, does this mean I get the amended deed sent to me? I think not.
Your insights are invaluable to us and help us strive for better service. Thank you for taking the time to share your thoughts.
William K.
December 14th, 2018
Thanks for the service which was excellent and timely. Instructions were easy to follow and results worth the cost.
Thank you for your feedback. We really appreciate it. Have a great day!
Carol H.
December 22nd, 2021
Great help
Quite useful
Thank you!
Frank H.
September 22nd, 2022
Form and instructions were useful. But I suggest creating a form for transferring a deed pursuant to a trust. The existing form is based on a will going through probate so it doesn't fit the trust situation in some respects.
Thank you for your feedback. We really appreciate it. Have a great day!
Elizabeth M.
August 18th, 2021
So fare easy and straight forward
Thank you for your feedback. We really appreciate it. Have a great day!
Linda B.
March 26th, 2022
the forms are easy to understand. How do I go about getting the deed recorded and is there a charge.
Thank you for your feedback. We really appreciate it. Have a great day!
Cindy A.
January 14th, 2019
Easy to understand and use. However, need to add line for phone number for preparer - Thanks
Thank you for your feedback. We really appreciate it. Have a great day!
Rosa D.
June 18th, 2019
Obtaining a quick claim deed from this website was easy and friendly I must say. Thank you so much.
Thank you for your feedback. We really appreciate it. Have a great day!
Ryan P.
October 6th, 2020
It was a pleasant surprise to find out how easy the site was to use! Clear directions! very user friendly!
Thank you!
Richard A.
June 24th, 2020
Great product. It would be better if the document files were not embedded within other files. It made downloading a little confusing. The titles of the forms did not match exactly word for word, which required a lot of back and forth to make sure I had downloaded the proper document. What would be great is if once you download a document, the hyperlink changed color, or somehow denoted the document had been downloaded. Just a suggestion. You have my email address if you have questions. STILL! Five stars for you guys. I would not let that hiccup dissuade me from buying any form package from you guys. Thanks!
Thank you for your feedback. We really appreciate it. Have a great day!
Deborah G.
June 4th, 2019
Great website and very easy to use
Thank you for your feedback Deborah, we really appreciate it. Have a great day!
William Q.
September 30th, 2020
The website and information is fine. The proof in the pudding, of course, is whether the forms I used now will provide the results I want if the changes are challenged at some future date.
Thank you for your feedback. We really appreciate it. Have a great day!
Sandra P.
July 25th, 2020
Thank so much! It' was pretty easy with the help of my Brother in-law .
Thank you for your feedback. We really appreciate it. Have a great day!
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