Madison County Deed of Trust and Promissory Note Form

Madison County Deed of Trust Form
Fill in the blank form formatted to comply with all recording and content requirements.

Madison County Deed of Trust Guidelines
Line by line guide explaining every blank on the form.

Madison County Completed Example of the Deed of Trust
Example of a properly completed form for reference.

Madison County Promissory Note Form
Note that is secured by the Deed of Trust.

Madison County Promissory Note Guidelines
Line by line guide explaining every blank on the form.

Madison County Completed Example of the Promissory Note Document
Example of a properly completed form for reference.

Madison County 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.

Madison County 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)
All 8 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Virginia and Madison County documents included at no extra charge:
Where to Record Your Documents
Clerk of Circuit Court
Madison, Virginia 22727-0220
Hours: 8:30 to 4:30 M-F
Phone: (540) 948-6888 or 948-7500
Recording Tips for Madison County:
- Ensure all signatures are in blue or black ink
- Ask if they accept credit cards - many offices are cash/check only
- Ask about their eRecording option for future transactions
- Make copies of your documents before recording - keep originals safe
Cities and Jurisdictions in Madison County
Properties in any of these areas use Madison County forms:
- Aroda
- Banco
- Brightwood
- Etlan
- Graves Mill
- Haywood
- Hood
- Leon
- Locust Dale
- Madison
- Oakpark
- Pratts
- Radiant
- Reva
- Rochelle
- Syria
- Wolftown
- Woodberry Forest
Hours, fees, requirements, and more for Madison County
How do I get my forms?
Forms are available for immediate download after payment. The Madison County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Madison County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Madison County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Madison County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Madison County?
Recording fees in Madison County vary. Contact the recorder's office at (540) 948-6888 or 948-7500 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Madison County to use these forms. Documents should be recorded at the office below.
This Deed of Trust and Promissory Note meets all recording requirements specific to Madison County.
Our Promise
The documents you receive here will meet, or exceed, the Madison 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 Madison 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.
4.8 out of 5 - ( 4578 Reviews )
Rodney S.
October 7th, 2021
Good service; thank you.
Thank you!
Claudia S.
May 23rd, 2024
Website is very easy to navigate.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Cecil S.
January 3rd, 2023
EXCELLENT SERVICE DONE WELL AND QUICKLY
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Daniel Z.
August 23rd, 2019
I am satisfied with the service. Live in another state and could not go directly to the county office for my deed. Your service solved my problem. Thank you
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Fred B.
May 19th, 2020
Great site and very easy to use. I will be using this for all of my search and form requirements.
Thank you for your feedback. We really appreciate it. Have a great day!
Oldemar T.
June 23rd, 2020
You guys simplified my life. You offer very convenient services. Thank you.
Thank you!
Matthew C.
March 29th, 2022
Your Transfer on Death Deed is fine and you have plenty of information about that part. But where is the Confirmatory Deed that is required in many jurisdictions in order to actually pass ownership of a property when the Transfer on Death Deed becomes effective? IT IS MISSING!!
Thank you for your feedback. We really appreciate it. Have a great day!
Margaret F.
September 15th, 2021
They were very responsive although not able to find the document I was requesting. Will be checking to make sure they refunded the fee on my credit card
Thank you for your feedback. We really appreciate it. Have a great day!
Pamela D K.
August 5th, 2020
very helpful. Was unable to find what I needed, but did everything they could to help. Will try them again in the future, if need be.
Thank you for your feedback. We really appreciate it. Have a great day!
Sharon S.
June 18th, 2021
very satisfied...
Thank you!
Craig J.
June 7th, 2021
Package downloaded without any problems. Help sheet was fair. Maybe they could cross reference the help number on the help sheet to the form better - somehow. Overall, I was pleased. I was able to download, fill in the blanks and do what edits I thought it needed with ease. Cost was very reasonable. I'll give it a 5.
Thank you for your feedback. We really appreciate it. Have a great day!
Christina P.
July 28th, 2023
Fantastic!! The gals at Deeds really seem to have their stuff together! Great Forms, easy, exhaustive, and most importantly... accepted at the recorder the FIRST TIME!
Thank you so much for your review! Your feedback is highly appreciated, and we look forward to assisting you again in the future!
Joy R.
August 10th, 2020
Easy and efficient way to get a deed copy.
Thank you!
Karen J.
December 20th, 2018
Excellent and easy to download and use. Love the example page and was so easy to fill out and use immediately. Thank you
Thank you for your feedback Karen. We really appreciate it. Enjoy your day!
Wilburn R.
July 23rd, 2023
absolutely great
Thank you!