We are the go-to team when it comes to DOT cases.
In real estate law, “DOT cases” usually involve a Deed of Trust (DOT), a legal instrument used to secure a real estate loan. A deed of trust, unlike a standard mortgage, is entered into by three parties: the borrower (trustor), the lender (beneficiary), and a neutral trustee who keeps legal ownership until the loan is paid. While this arrangement makes lending easier, conflicts over deeds of trust can quickly become complicated.
Most DOT cases arise during foreclosure. Because deeds of trust frequently allow for non-judicial foreclosure, lenders may avoid court proceedings to regain property after default. For borrowers, this might be unexpected and stressful. A qualified attorney can help guarantee that every step of the foreclosure process is in accordance with state law, from correct notices to trustee actions. Without their help, Mooresville, North Carolina borrowers may overlook important protections that could safeguard their rights—or even their homes.
It is important to note that DOT disputes can extend beyond foreclosure. Parties can contest the validity of a deed of trust by claiming fraud, improper assignments, or execution errors. Others involve lien priority, in which competing deeds of trust create doubt as to which lender has the superior claim. Each of these scenarios requires a thorough understanding of real estate statutes and case law.
When it comes to DOT cases, our team at Jones, Childers, Donaldson & Webb, PLLC brings more than just knowledge—we bring strategy. We can determine whether a lender has the authority to foreclose, file a quiet title action to resolve ownership issues, or seek damages for improper foreclosure. We can also answer any questions you have and make sure you understand your rights and options.
Contact us today to learn more.