Deed of Reconveyance
A Deed of Reconveyance is used by the mortgage holder stating the borrower no longer needs to pay the mortgage debt and transfers the property title from the lender (beneficiary) to the borrower (trustor).
Note: Use the below Text when your loan was recorded by Deed of Trust and you have paid off your Loan and wish to have your property removed from the Trust. All the required information should be on your Deed of Trust.
DEED OF RECONVEYANCE
RECORDING REQUESTED BY:
AFTER RECORDING RETURN TO:
SPACE ABOVE FOR USE BY RECORDER ONLY
WHEREAS ALL AMOUNTS DUE UNDER DEED OF TRUST BETWEEN:
[Enter Name and Address of Borrower ] (the "Borrower"),
[Enter Name and Address of Lender] ( the "Lender"),
[Enter Name and Address of Trustee] ( the "Trustee"),
(collectively “the Parties”)
and recorded as Document No. [Enter Number] on [Enter Date] in Book Page [Enter Page Number] of the Official Records, in the Office of the County Recorder of [Enter County of Recording], California,
HAVE BEEN FULLY REPAID AND SATISFIED
AND WHEREAS the Trustee has been requested by the Lender to reconvey the estate and property granted to Trustee under said Deed of Trust,
NOW THEREFORE the Trustee DOES HEREBY RECONVEY to the Borrower without warranty, all the estate, title, and interest in any property acquired by Trustee under said Deed of Trust.
The Trustee has executed this Deed of Reconveyance on
_______________________ [Enter Date]
A notary public or other officer completing this certificate verifies only the identity of the individual(s) who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
STATE OF CALIFORNIA
COUNTY OF _________________
On ____________________ before me, ________________________________, personally appeared _________________ and _________________, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
________________________________________ (Notary Seal)
Signature of Notary Public
This form has been prepared for general informational purposes only. It does not constitute legal advice, advertising, a solicitation, or tax advice. Transmission of this form and the information contained herein is not intended to create, and receipt thereof does not constitute formation of, an attorney-client relationship. You should not rely upon this document or information for any purpose without seeking legal advice from an appropriately licensed attorney, including without limitation to review and provide advice on the terms of this form, the appropriate approvals required in connection with the transactions contemplated by this form, and any securities law and other legal issues contemplated by this form or the transactions contemplated by this form.