Rhode Island General Laws 34-11-12. Statutory forms set out
The statutory forms referred to in §?34-11-11 are as follows:
(1) WARRANTY DEED.
… of .. for consideration paid, grant to ..
of .. with warranty covenants
… (description, and encumbrances, if any)
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(2) QUITCLAIM DEED.
… of .. for consideration paid, grant to ..
of .. with quitclaim covenants,
… (description, and encumbrances, if any)
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(3) DEED OF EXECUTOR, ADMINISTRATOR,
TRUSTEE, GUARDIAN, CONSERVATOR, RECEIVER, OR
COMMISSIONER.
.. executor of the will .. of administrator of the estate
of .. trustee under .. guardian of .. conservator
of .. receiver of the estate of .. commissioner .. by the power conferred by .. and by every other power me thereunto enabling, for .. dollars paid, grant to
… (description, and encumbrances, if any)
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(4) MORTGAGE DEED.
… of .. for consideration paid, grant to .. of .. with mortgage covenants, to secure the payment of .. dollars in .. years with interest at .. per cent per annum, payable semiannually .. , as provided in a certain negotiable promissory note of even date herewith,
… (description, and encumbrances, if any)
This mortgage is made upon the statutory condition and with the statutory power of sale.
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(5) PARTIAL RELEASE OF MORTGAGE.
… the holder of a mortgage by .. to .. dated .. recorded in the records of deeds in .. in .. book no. .. at page .. , for consideration paid, release to .. all interest acquired under the mortgage in the following described portion of the mortgaged premises:
… (description)
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(6) ASSIGNMENT OF MORTGAGE.
… holder of a mortgage by .. to .. dated ..
… recorded in the records of deeds in .. in .. book
no. .. at page .. , for consideration paid, assign the mortgage and the note and claim secured thereby to ..
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(7) FORECLOSURE DEED UNDER POWER OF
SALE IN MORTGAGE.
… holder of a mortgage by .. to .. dated ..
recorded in the records of deeds in .. in .. book no…
at page .. , by the power conferred by the mortgage and by every other power me thereunto enabling, for .. dollars paid, grant to .. the premises conveyed by the mortgage.
Witness .. hand this .. day of ..
(Here add acknowledgment.)
(8) AFFIDAVIT OF SALE UNDER POWER OF
SALE OF MORTGAGE.
… named in the foregoing deed, make oath and say that the principal .. interest .. obligation .. mentioned in the mortgage above referred to was not paid or tendered or performed when due or prior to the sale, that I have mailed notice to the mortgagor as required by law and by the mortgage and that I published on the .. days of .. in the .. , a public newspaper published in .. , in accordance with the provisions of the mortgage, a notice of which the following is a true copy:
(insert copy of advertisement.)
Pursuant to the notice, at the time and place there appointed, I sold the mortgaged premises at public auction by .. an auctioneer, to .. above-named, for dollars, bid by him or her, being the highest bid made for the premises at said auction.
Sworn to by .. on this .. day of .. , before me,
(9) DISCHARGE OF MORTGAGE.
The undersigned, having received full payment and satisfaction of the within mortgage recorded in the .. of .. in the state of Rhode Island, in the .. in .. book no. .. page .. , hereby cancel and discharge the same. And covenant .. to and with the payer that .. the present owner .. of the mortgage.
Witness, this .. day of .. 20 ..
History of Section.
P.L. 1927, ch. 1056, § 17; P.L. 1928, ch. 1171, § 2; G.L. 1938, ch. 436, § 16; G.L. 1956, § 34-11-12; P.L. 1992, ch. 224, § 2; P.L. 1993, ch. 377, § 1.
Terms Used In Rhode Island General Laws 34-11-12
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Executor: A male person named in a will to carry out the decedent
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Trustee: A person or institution holding and administering property in trust.