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Preview - Florida Deed in Lieu of Foreclosure Form

Florida Deed in Lieu of Foreclosure

This Deed in Lieu of Foreclosure is made this ____ day of ______________, 20__, by and between:

Grantor:

Name: _____________________________

Address: _____________________________

City, State, Zip: _____________________________

Grantee:

Name: _____________________________

Address: _____________________________

City, State, Zip: _____________________________

This Deed is executed in accordance with the laws of the State of Florida.

The Grantor conveys and transfers to the Grantee, the following described real property situated in _____________________________, Florida:

Property Description:

_________________________________________________________________________________________

_________________________________________________________________________________________

This transfer is made under the following terms:

  • The Grantor is relinquishing all rights, claims, and interests in the property.
  • The Grantee takes the property in "as is" condition, without any representations or warranties.
  • Any existing mortgages or liens against the property are to be assumed by the Grantee.

There are no further rights or claims against the Grantor related to the property following this deed.

By signing this deed, the Grantor affirms that they have the authority to convey the property and that this transfer is voluntary and made without any duress.

IN WITNESS WHEREOF, the Grantor has hereunto set their hand the day and year first above written.

Grantor Signature: ___________________________

Date: ________________

Witnesses:

1. ___________________________

2. ___________________________

STATE OF FLORIDA

COUNTY OF ___________________________

Subscribed and sworn to before me this ____ day of ______________, 20__.

Notary Public: ___________________________

Commission Number: _____________________

My Commission Expires: _______________

Similar forms

  • Mortgage Release: This document formally releases the borrower from their mortgage obligations. Similar to a Deed in Lieu of Foreclosure, it signifies that the lender has agreed to cancel the mortgage in exchange for the property, relieving the borrower of their debt.
  • Short Sale Agreement: In a short sale, the lender allows the borrower to sell the property for less than the outstanding mortgage balance. Like a Deed in Lieu of Foreclosure, it aims to avoid foreclosure while providing a resolution for the borrower’s financial difficulties.
  • Foreclosure Settlement Agreement: This document outlines the terms under which a borrower can settle their debt with the lender before foreclosure proceedings begin. Both agreements serve to resolve the borrower's default and prevent the property from going through the foreclosure process.
  • Bill of Sale Form: The Pennsylvania Bill of Sale form provides a reliable method for documenting the transfer of ownership of personal property, ensuring both parties have a clear understanding of the transaction; for more details, visit pdftemplates.info/pennsylvania-bill-of-sale-form.
  • Loan Modification Agreement: This agreement alters the terms of an existing loan to make payments more manageable for the borrower. While a Deed in Lieu of Foreclosure relinquishes the property, a loan modification seeks to keep the borrower in their home by adjusting the loan terms.