Sign In
All Russell County specific forms and documents listed below are included in your immediate download package:
The Following Virginia and Russell County supplemental forms are included as a courtesy with your order.
Certificate of Transfer Form (Virginia Document)
Virginia Land Record Cover Sheet - Information (Virginia Document)
VA Circuit Court Deed Fee Schedule (Virginia Document)
Certificate of Acknowledgment (Virginia Document)
Jurat (Virginia Document)
Including:
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.
For use in the Commonwealth of Virginia only.
The documents you receive here will meet, or exceed, the Russell County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Get your Russell 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 (3471 Reviews) May 23rd, 2022
Name: Sheron W.
Review: I've used Deeds.com for a few years. The service is good, and orders are completed fast. I will continue using them and I recommend them.
Reply from Staff on May 23rd, 2022
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
May 22nd, 2022
Name: Robert P.
Review: Easy to use. Documents as stated.
Reply from Staff on May 22nd, 2022
Thank you for your feedback. We really appreciate it. Have a great day!
May 21st, 2022
Name: Claudia H.
Review: ***** Have not used this option before. Found it easy to use and understand. Cost was reasonable and options on recording helpful. Would use again in a heartbeat.
Reply from Staff on May 21st, 2022
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
May 21st, 2022
Name: Yosvany D.
Review: Very easy and fast service for legal forms.
Reply from Staff on May 21st, 2022
Thank you for your feedback. We really appreciate it. Have a great day!
May 20th, 2022
Name: Johannah H.
Review: Deeds.com made my experience recording a Deed in Weld County, CO so easy! The representative went above and beyond by assisting me with the preparation of a high-quality digital document for recording. Highly Recommend!
Reply from Staff on May 20th, 2022
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
May 19th, 2022
Name: Lucus S.
Review: I tried to do it myself by copying an old deed and ended up with a bunch of headaches (expensive ones) wish I would have used these documents first. Live and learn.
Reply from Staff on May 19th, 2022
Thank you!
May 19th, 2022
Name: Marvin W.
Review: Easy to use and great instructions!
Reply from Staff on May 19th, 2022
Thank you!
May 19th, 2022
Name: Eddie S.
Review: love the site very helpful and easy.
Reply from Staff on May 19th, 2022
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
May 19th, 2022
Name: Herman B.
Review: Special Warranty Deed I can't seem to type all my info in the blank spaces. It won't allow me to type any more. Maybe you should consider either allowing typists to type more (leaving more space) or allowing more room to type more.
Reply from Staff on May 19th, 2022
Thank you!
May 19th, 2022
Name: Reed W.
Review: Thanks
Reply from Staff on May 19th, 2022
Thank you!
Use of Deeds.com Legal Forms. On our Site we make available for use self-help "fill in the blank" forms. If you use a form on our Site, you explicitly agree to our Terms of Use. You understand and agree that your purchase and/or use of a form document is neither legal advice nor the practice of law, and that each form and any applicable instructions or guidance is not customized to your particular needs, not guaranteed or warranted to be current, up to date, or accurate.
NO WARRANTY. Do It Yourself Legal Forms available on our Website are not guaranteed to be usable, correct, up to date, or fit for any legal purpose. Use of any Do It Yourself Legal Form from our website is done so AT YOUR OWN RISK.
If you use any Do It Yourself Legal Form available on Deeds.com, you agree that: TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE BE LIABLE FOR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR IN CONNECTION WITH THE LEGAL FORMS OR FOR ANY INFORMATION OR SERVICES PROVIDED TO YOU THROUGH THE DEEDS.COM WEBSITE. TO THE EXTENT THE FOREGOING LIMITATION OF LIABILITY IS PROHIBITED, OUR SOLE OBLIGATION TO YOU FOR DAMAGES WILL BE LIMITED TO $100.00.
Nothing on this website should be considered a substitute for the advice of an attorney.
© DEEDS.COM INC. 1997 - 2022 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334