Commonly Recorded Documents

AFFIDAVIT
A document that gives a written or printed declaration or statement of facts which is confirmed by an oath or affirmation.

ASSIGNMENT
A document that transfers a loan or debt (Deed of Trust and Note) to another which gives them the right to the money collected in payment of the debt.

ASSUMED NAME
A document that files or puts on record a business name of an individual, partnership or corporation other than their own name. (Also known as Doing Business As or DBA).

CERTIFICATE OF SATISFACTION
One of the four methods of cancellation. A document drawn by the beneficiary, owner or holder of the note to cancel the Deed of Trust.

COVENANTS
Covenants are usually drawn to list or give many stipulations as to how the real estate may be used or what may be built or put on the real estate. (Also known as restrictive covenants).

DEED
A document conveying realty. A writing signed by the grantor, whereby title to realty (real estate) is transferred.

DEED OF EASEMENT
A document where the owner of real estate gives another the right to use his land for a special purpose such as access across one's property to get to another's property.

DEED OF GIFT
A deed executed and delivered without consideration (payment).

DEED OF RELEASE
It is a conveyance by the trustees after payment or partial payment for divesting themselves of the legal title or title to part of the property to the original owner. It releases part of the land or collateral from the Deed of Trust so that it may be sold or developed.

DEED OF TRUST
An instrument that secures the repayment of a sum of money or the performance of other conditions. This is a three party document: the borrower, the beneficiary, and the trustee or trustees who hold the legal title or control of the property.

LEASE
An agreement between two parties (grantor and grantee) where one contracts with the other to rent, use or possess, for a specified amount and period of time, real estate or buildings.

MODIFICATION DEED OF TRUST
A document that alters, adds, or cancels some of the terms or stipulations but leaves the general purposes or effect of the document intact.

NOTICE OF FORECLOSURE
A document recorded to notify the public of the foreclosure proceedings where property is being repossessed by the lender, usually for non-payment or non-performance of the conditions of the note and Deed of Trust.

NOTICE OF SATISFACTION
One of the four methods of cancellation. A document drawn by the trustee or substitute trustee on a Deed of Trust to cancel the document.

POWER OF ATTORNEY
An instrument authorizing another to act as one's agent or in one's behalf.

QUITCLAIM DEED
A deed of conveyance intended to pass partial title or interest in property.

REQUEST NOTICE
A request by someone, usually a subsequent or second Deed of Trust and note holder to be notified of any sale or foreclosure on property to allow them to take action to collect their lien.

REVOCATION OF POWER OF ATTORNEY
A document that removes or takes away the authority of a power of attorney.

RIGHT OF WAY
The right of passage across another's property.

SUBORDINATION AGREEMENT
To place in lower order, class or rank. An agreement for a document to be placed in order behind or lower than a subsequently recorded document. Example: Agreement for a first lien Deed of Trust to be put behind or follow the second lien Deed of Trust.

SUBSTITUTION OF TRUSTEE
A document through which the beneficiary, owner, or holder of the note replaces or appoints a new trustee on a Deed of Trust.

WARRANTY DEED
A deed in which the grantor binds himself and his heirs to warrant or defend to the grantee and his heirs the title conveyed against the claims of all persons. He warrants or guarantees the title to the grantee.

 

 

Office Hours
Monday-Friday: 8am-5pm

Marriage Licenses are issued:
Monday-Friday: 8am-4:30pm

Passports (By appointment only)
919-209-8327
Appointment Times:
Monday-Friday: 8:30am-4pm

We are located at:
207 East Johnston St. Suite 209
Smithfield, NC 27577