***LAW RECENTLY PUT IN EFFECT: AB 1160, by Assemblyman Paul Fong (D-Cupertino), requires that mortgage loan documents be written in the same language the verbal negotiations were conducted in.***
Real Estate & Mortgage documents are binding contracts.
By translating your real estate and mortgage documents:
(a) you can be sure that you fully understand what you are signing
(b) you can avoid all sorts of legal difficulties that may arise from your not understanding what you’ve signed
(c) you will reduce your foreclosures which, in turn, will help you secure more loans from wholesale lenders.
At LA Translation, we do real estate and mortgage translations in Korean, Spanish, Chinese, Vietnamese, and Tagalog. LATI will provide foreign language document translation and interpretation services for Non-U.S. citizen’s foreign language employment, income and asset documents into English and U.S. standards. Call 213-368-0700 to ask for a quote or send an email to: info@latranslation.com.
The functionality in scope is:
- Translate any foreign language employment, income and asset document provided by Non-U.S. citizens into English
- Interpret any foreign language employment, income and asset document in terms of U.S. mortgage loan decisioning practices
- Provide financial insitutions with an understanding of the country/region specific methodology related to each document, since decisions will be made based upon the translation
- Provide financial institutions with an understanding of the country/region specific business acumen associated with each document
- Provide financial institutions with an understanding that we are comparing similar items on country/region specific documents based upon U.S. practices
- Provide financial institutions with a means to obtain clarification of country/region specific translation information if requested
LATI translates and/or proofreads forms, notices, and any documentation related to:
MORTGAGE ORIGINATION
Commercial loan application
Residential loan application
Transmittal Summary
Balloon mortgage
Balloon Note
Fully Amortizing Mortgage
Fully Amortizing Note
Rental Property Addendum
Mortgage Addendum
Title Insurance
Credit report
Property appraisal
Survey
Satisfaction of mortgage
Tenant’s Estoppel Certificate
Mortgage Co-brokerage Agreement
PROPERTY TRANSFERS
Agreement for deed
Quit claim deed
Warranty deed
Real Estate Purchase Contract (for investors)
Option to buy
EXISTING MORTGAGE PURCHASES
Affidavit of payment history / Deed of Trust
Affidavit of mortgage payment history
Appraisal request
Partial Assignment of Note and Deed of Trust
Full Assignment of Note and Deed of Trust
Partial assignment of Note and Mortgage
Installment contract / Agreement for Deed / Partial Purchase Agreement
Full Assignment of Note and Mortgage
Partial Purchase Agreement / Note & Deed of Trust
Partial Purchase Agreement / Note & Mortgage
Full Purchase Agreement / Note & Deed of Trust
Full Purchase Agreement / Note & Mortgage
Estoppel Affidavit of Mortgagee
Estoppel Affidavit of Mortgagor
MORTGAGE FORECLOSURE (Lender & Legal Documents)
Notice of Non Payment
Lis Pendens form
Debt Collecting Statement (Fair Debt Collection Practices Act
Summons
Complaint
Affidavit in Support of Mortgage Indebtedness
Final judgment
Motion for relief from Automatic Stay or Adequate Protection
RENTAL PROPERTY MANAGEMENT
Property Manager Agreement
Rental application
Tenant’s Consent to Background and Reference Check
Form to Check Tenant References by Phone
Landlord’s Notice of claim on Security Deposit
Landlord/Tenant Stipulation to pay rent on agreed terms and avoid eviction
Landlord/Tenant Agreement Regarding Tenant Alterations to Rental Unit
Landlord/Tenant Amendment to Lease or Rental Agreement
Landlord/Tenant Non Refundable Binder
Landlord/Tenant Checklist on Move In and Move Out
Landlord/Tenant Month-to-Month Residential Rental Agreement
Landlord/Tenant Annual Residential Rental Agreement
Disclosure of Information on Lead-Based Paint or Hazards
Landlord’s Notice of intent to enter premises
Landlord’s Notice for nonpayment of rent
Landlord’s Eviction Complaint
Landlord’s Eviction Affidavit
Landlord’s bad check demand form
Landlord’s Eviction Notice
Landlord’s Move out letter
Landlord’s Warning Letter for Lease or Rental Agreement Violation
Landlord’s Letter to Original Tenant and New Co-Tenant before New Co-Tenant moves in
Tenant’s Maintenance/Repair Request
Tenant’s Notice of Intent to Move Out
Landlord/Tenant Consent to Assignment of Lease
Landlord/Tenant Agreement for Delayed or Partial Rent Payments
Landlord/Tenant Statutes
Landlord/Tenant Option Agreement
Landlord/Tenant Cosigner Agreement
Fixed-Term Residential Lease
Landlord’s Generic Claim on Security Deposit Itemization (Deductions for Repairs and Cleaning)
Landlord’s Letter for Returning All or Part of Security Deposit
Please send email us for a free quote at info@latranslation.com.