VESTING
- The following tenancy types are recognized: Tenants in Common and Joint Tenants
- The non-titled spouse is NOT required to join in the execution of the security instrument
- Acceptable instruments for transferring ownership of real property: Warranty Deed or Quitclaim Deed (OP236 tax form for the state of Connecticut must be filed with deed)
RELEASE
POWER OF ATTORNEY
TAX DUE DATES
- 1st Installment is due on July 1 / 2nd Installment is due on January 1
- All tax checks will be made payable to the Tax Collector - Town of ______________
MORTGAGE/TRANSFER TAX
- Transfer Tax is charged as follows: Municipal Tax: 0.0025 or 0.0050 times consideration of $2000 or more / / State Tax: 0.005 to 0.01 times consideration of $2000 or more depending on property type
SECURITY INSTRUMENT RECORDING REQUIREMENTS
- The grantee's address must be included at the end of document being submitted for recording
- Two witnesses are required and the notary may be one of them
- All original signatures must have names typed or printed under signature line
- The notary's seal or stamp is not required
- All documents submitted for recording must be sent to the Town of _______________
WHO MAY SERVE AS TRUSTEE ON DEED OF TRUST
STATUTE OF LIMITATIONS
- JUDGMENTS IN FAVOR OF U.S. - 20 years
- ALL OTHER JUDGMENTS - 20 years
- STATE OF CONNECTICUT TAX LIENS - 20 years
- FEDERAL TAX LIENS - 10 years
- FINANCING STATEMENT - 5 years
- HOMEOWNER'S ASSOCIATION - 3 years
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Connecticut Information
