California Reconveyance Without Satisfaction

State:
California
Control #:
CA-S123-Z
Format:
Word; 
Rich Text
Instant download

Description

This form is for the satisfaction or release of a mortgage for the state of California by an Indivudual. This form complies with all state statutory laws and requires signing in front of a notary public. The described real estate is therefore released from the mortgage.

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  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual
  • Preview Satisfaction - Reconveyance of Deed of Trust by Individual

How to fill out California Satisfaction - Reconveyance Of Deed Of Trust By Individual?

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FAQ

*To record the reconveyed deed, the property owner must go to the office of the Registrar-Recorder in which the property is located. For example, if the property is located in Los Angeles County, the reconveyed deed must be taken to the Los Angeles County Recorder's Office.

The ?SUBSTITUTION OF TRUSTEE AND DEED OF FULL RECONVEYANCE? is the document that is used to ?RECONVEY WITHOUT WARRANTY, TO THE PERSON OR PERSONS LEGALLY ENTITLED THERETO, ALL the estate, title and interest now held by said trustee under said Deed of trust.? This is the preferred document used to reconvey a loan.

A document known as a substitution of trustee and full reconveyance identifies the person who has the authority to reconvey the property and remove the lien. Most importantly, a deed of full reconveyance, known as a satisfaction of mortgage in some states, transfers title back to the borrower.

Whether you get a deed of reconveyance, a full reconveyance or a satisfaction of mortgage document, it means the same thing: your loan has been repaid in full and the lender no longer has an interest in your property.

In that context, reconveyance refers to the transfer of title to real estate from a creditor to the debtor when a loan secured by the property?i.e. mostly likely a mortgage with the property as collateral?is paid off.

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California Reconveyance Without Satisfaction