Register Of Deeds
Categories: Real Estate
Ever looked at a piece of property and wondered what its history is? Not the history of all the people who have ever lived there, but the actual history of the property itself? Well, here in the U.S., we can just head on down to our local register of deeds and ask them to spill the tea.
A “register of deeds” is the keeper of all public information related to a piece of property, which can include ownership info, sales records, title transfer info, mortgage reports, etc. Pretty swell, huh?
Swell...yes, it is. But what’s maybe not as swell is that the whole “register of deeds” concept isn’t handled uniformly across the nation, which means it might take a Google or two to find out exactly where we need to go to find the information we seek.
Depending on where we are in the country, each town might have its own register of deeds. Or it could be handled by county, or even at the state level. And that own register of deeds could be an office, or the term might refer to a specific individual known as the Register of Deeds. Sometimes, the position is even an elected one. Furthermore, it might not even be called a “register of deeds” where we are. Maybe it’s called the “recorder of deeds,” or “county recorder,” or even “county clerk” or “city clerk.” And while property records are their main deal, they might also handle marriage records, birth records, public military service records, etc.
Nowadays, for the most part, we can usually access the info we need online. But if it’s something we need to handle in person, or if it’s something we need to request official government permission to view, our search should begin with our local register of deeds.
Related or Semi-related Video
Finance: What is a trust deed?3 Views
Finance allah shmoop What is a trust deed here This
is okay So that's more of a trust fall A
trust deed is a kind of how to build it
kitt which instead of describing the construction of ah balsa
wood airplane describes how assets should be owned cared for
managed and eventually disposed of two the beneficiary or whoever
bought him in the first place or who were involved
in the model airplane build from the beginning What does
that mean Well a trustee lays out the rights and
obligations of the bank underwriting the purchase of whatever inventory
is involved here In this trust deed it lays out
the rights of the people transacting and it spells out
who gets called defend or when there is a conflict
And this is particularly useful in a world where there
is indeed not a lot of trust Essentially a business
owner is just holding merchandise that was bought by the
bank like eighteen miles of denim fabric with intentional rips
and tears in it You know those things as the
business owner stitches together hundreds than thousands of sets of
genes which they then sell into the fashion market places
In new york and milan the bank via their trust
deed owns that merchandise until the business owner essentially buys
them out of it or pays back the loan amount
committed when the merge was initially bought The trusty it'sjust
the legal documentation that outlines the various obligations of both
parties i'ii think of it as a contract light Why
would you want one of these arrangements If you're a
business owner Like why bother with all this trust deed
stuff and inventory and banks Well if you didn't have
tohave one well you wouldn't But if you're a fledgling
company hoping to make it big in the big city
and you need lots of inventory to make lots of
genes or nobody takes you seriously well then you do
what you have to dio and you can imagine that
banks charge very high interest for setting up the's trust
deeds because the credit risk they take here is usually
reasonably very high like the levi stitching company just vanishes
one night or was in fact a meth lab using
the denim as a mano a filtration process and the
mexican mafia comes in one night ending and this little
companies Entrepreneurial activities Well another reason banks charge high interest
is because the last thing they want tohave to dio
is repossess eighteen miles of denim and then try to
get their money back by selling that eighteen miles of
denim on ebay So as a result not only do
trusted borrowers pay high interest but they also have to
carry relatively expensive insurance on that inventory So that at
the end of the day the on the bank isn't
left high and dry Or at least you know just 00:02:44.81 --> [endTime] dry