I’ve goggled them and can’t come up with anything!
Occasionally, I’ll notarize documents for friends and neighbors and today my neighbor's daughter asked me to notarize a “Short Form Deed of Trust and Assignment of Rents.” She said it was going to “help her stop a trust deed sale” on her rental property, which is scheduled for tomorrow. But, I’ve never heard of this. I don’t understand how recording a “Short Form Deed of Trust” will stop a foreclosure.
The form is naming Nexus Solutions, a trust and Mr. Smith and Mrs. Smith, co-Trustees, as Beneficiaries. Because this is a “legal” matter and since I am not an attorney, I really don’t understand how this works.
There were a few red flags that now that I think about it, maybe I shouldn’t have notarized it.
Red Flag #1: In the “When recorded mail this deed to” box it had: Nexus Solutions and the property address of the owner. That’s odd.
Red Flag #2: The document was dated: June 1, 2010. That’s odd too!
If anyone has any insight on this? I would love to know.