This form authorizes the chancery clerk or the recorder of deeds to release from the deed of trust or mortgage certain property described in the document.
Deed Of Reconveyance And Release
State:
Multi-State
Control #:
US-00489
Format:
Word;
Rich Text
Instant download
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How to fill out Deed Of Trust - Release?
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FAQ
A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you've paid off your mortgage. The deed of reconveyance releases the lien the mortgage lender placed on your property. You'll need this document to prove a clear title when you sell your home.
A deed of release indicates that the homeowner has completed the terms of the mortgage loan repayment while the deed of reconveyance formally transfers full ownership to the homeowner. Depending on the laws of your state, a homeowner might need both documents to remove the mortgage lien from their home.
Having received from holder of the obligations thereunder a written request to reconvey, reciting that all sums secured by said Deed of Trust have been fully paid, and said Deed of Trust and the note or notes secured thereby having been surrendered to said Trustee for cancellation, does hereby RECONVEY, without ...
Once you pay off your mortgage, you will receive documentation from your lender or broker. You will then need to notify your local records office in order to receive your deed of trust.
A deed of reconveyance is a document that indicates you've fully paid off the mortgage on your home. It represents the transfer of ownership from your mortgage lender to you. Over the time you repaid your mortgage, you legally owned the property, but the lender held the mortgage lien, or claim, to it.