Yates County Memorandum of Trust Form (New York)
All Yates County specific forms and documents listed below are included in your immediate download package:
Memorandum of Trust Form
![Yates County Memorandum of Trust Form](https://www.deeds.com/forms/new-york/memorandum-of-trust/1682704077F13259_sample.png)
Fill in the blank form formatted to comply with all recording and content requirements.
Included Yates County compliant document last validated/updated 5/14/2024
Completed Example of the Memorandum of Trust
![Yates County Completed Example of the Memorandum of Trust](https://www.deeds.com/forms/new-york/memorandum-of-trust/1586368784F19543_sample.png)
Line by line guide explaining every blank on the form.
Included Yates County compliant document last validated/updated 1/31/2024
The following New York and Yates County supplemental forms are included as a courtesy with your order:
When using these Memorandum of Trust forms, the subject real estate must be physically located in Yates County. The executed documents should then be recorded in the following office:
Yates County Clerk
417 Liberty St, Suite 1107, Penn Yan, New York 14527
Hours: 9am - 5pm / July-August: 8:30am - 4:30pm (real estate closings until 4pm)
Phone: (315) 536-5120
Local jurisdictions located in Yates County include:
- Bellona
- Branchport
- Dresden
- Dundee
- Himrod
- Keuka Park
- Lakemont
- Middlesex
- Penn Yan
- Rushville
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Yates County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Yates County using our eRecording service.
Are these forms guaranteed to be recordable in Yates County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Yates County including margin requirements, content requirements, font and font size requirements.
Can the Memorandum of Trust forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Yates County that you need to transfer you would only need to order our forms once for all of your properties in Yates County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by New York or Yates County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Yates County Memorandum of Trust forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Using a New York Memorandum of Trust
In New York, trustees of personal trusts use a memorandum of trust to certify the existence of a trust and their authority to act on behalf of the trust. The memorandum is used in place of the actual trust document and provides only essential information about the trust for lending institutions or other third parties. In this way, information that may be personal in nature, such as the designated beneficiaries under the trust, is kept confidential.
The memorandum is executed and signed by the grantor of the trust under the trust instrument, as well as the trust's formal name and date of origination. It identifies the trustee and any successor trustees with power to act on behalf of the trust.
The difference between a declaration of trust and a trust agreement, as designated in the memorandum of trust document, is the grantor's relationship to the trustee. If the trustee and the grantor are the same person and the grantor controls trust assets, the trust falls under a declaration of trust. If the grantor and the trustee are separate people and the trustee controls the trust assets, trust is under a trust agreement [1].
The distinction between a declaration of trust and a trust agreement also affects the name by which the trust takes title to real property as a grantee. In the following example, "John Doe," under a declaration of trust, serves as both grantor and trustee: "John Doe, trustee under declaration of trust dated mm/dd/yyyy." Under a trust agreement, the grantor name is included as well: "John Doe under agreement with Robert Grantor dated mm/dd/yyyy" [1].
All recorded documents relating to real property in the State of New York are required to include a physical description of the property, as well as the section, lot, block, and unit numbers.
[1] https://www.treasurydirect.gov/indiv/planning/plan_estate_trustsq_a.pdf
(New York MOT Package includes form, guidelines, and completed example)
Our Promise
The documents you receive here will meet, or exceed, the Yates County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
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Get your Yates County Memorandum of Trust form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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