How do I get a copy of a trust document in California?

To obtain a copy of a trust document in California, you will typically need to contact the trustee responsible for managing the trust or the attorney who created it. Trust documents are not public records, so you'll need permission or legal standing to access them. If you're unsure how to proceed, USLegalForms can help you understand your options and guide you through the necessary steps in Garden Grove, California.

US Legal Forms
Localized Forms
California
Garden Grove
California Satisfaction - Reconveyance of Deed of Trust by Individual

Garden Grove California Satisfaction - Reconveyance of Deed of Trust by Individual

Q: What makes a deed of trust legally binding in the UK?

Although the question is about the UK, it&#039;s important to know that in any legal jurisdiction, including the UK, a deed of trust must typically be executed with proper formalities. This includes signatures from all parties, and sometimes witnessing by a third party. For those in Garden Grove, California, while the processes may differ from international practices, understanding your local laws regarding trusts and deeds is crucial to their enforceability. You may find relevant legal forms on platforms like uslegalforms to help you navigate these requirements.

Category:

Real Estate - Mortgages and Deeds of Trust

State:

California

City:

Garden Grove

Control #:

CA-S123-Z

Format:

Instant download

Upgrade to a Package! Burning your Mortgage? Satisfaction & Release Pack. Go to Package

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.

Santa Ana Acuerdo entre compositor y vocalista sobre la grabación de un musical

View this form

Colorado Springs Acuerdo de Agistment o Contrato entre Agister y Contratista Independiente Autónomo

View this form

Jacksonville Solicitud de alojamiento bajo la ADA

View this form

Greensboro Acuerdo de agencia de ventas generales

View this form

Jacksonville Pagaré de varios estados - Sin garantía - Préstamo de firma

View this form

Disciplinary Action Form II

View this form

Assignment of Personal Property with Refer...

View this form

Bylaws for Corporation

View this form

Trustee's Deed

View this form

Annual Stockholder Meeting Minutes - Corpo...

View this form

Cease and Desist Letter for Libelous or Sl...

View this form

Basic Adverse Action Notice

View this form

Issue Capital Stock - Resolution Form - Co...

View this form

Appointment of Agent to Receive Rentals by...

View this form

Affidavit of Defendant Spouse in Support o...

View this form

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

If you’ve previously used our service, Log In to your account and retrieve the Garden Grove California Satisfaction - Reconveyance of Deed of Trust by Individual to your device by selecting the Download button. Ensure your subscription is active. If not, renew it in line with your payment plan.

If this is your initial encounter with our service, follow these straightforward steps to acquire your document.

You have lifelong access to each document you have purchased: you can find it in your profile within the My documents section whenever you need to use it again. Make use of the US Legal Forms service to quickly find and save any template for your personal or business requirements!

Ensure you've located the correct document. Review the description and utilize the Preview option, if available, to verify if it fulfills your needs. If it’s not suitable, use the Search tab above to find the correct one.
Purchase the template. Click the Buy Now button and select a monthly or yearly subscription plan.
Create an account and process a payment. Utilize your credit card information or the PayPal option to finalize the transaction.
Obtain your Garden Grove California Satisfaction - Reconveyance of Deed of Trust by Individual. Choose the file format for your document and save it to your device.
Complete your document. Print it out or utilize professional online editors to fill it out and sign it electronically.

Form popularity

FAQ

In California, a trustee can sell trust property to himself only under strict conditions to avoid conflicts of interest. It is crucial for the trustee to fully disclose the transaction to all beneficiaries and adhere to the terms laid out in the trust. Ensuring compliance with California law in these scenarios is essential, and US Legal Forms can assist with forms and guidelines to facilitate proper procedures.

Transferring assets out of an irrevocable trust is generally not allowed, as these trusts are designed to be permanent. Once assets are placed in an irrevocable trust, the grantor gives up control over them. However, there may be specific circumstances where assets can be distributed to beneficiaries. For detailed advice regarding your unique situation, US Legal Forms can offer insights tailored to your needs in Garden Grove, California.

In California, the trustee holds legal title to the property within the trust, while the beneficiaries hold equitable title. This means that the trustee has the responsibility to manage the property according to the terms of the trust. If you are interested in understanding how trusts work or need assistance in creating one, US Legal Forms offers valuable resources to help you navigate this complex area.

A trust can avoid property tax reassessment in California if it is structured properly. This typically involves transferring property to a revocable trust, which retains the original owner’s rights. By doing this, the property remains under the owner's control, preventing changes that could trigger reassessment. For additional guidance on this process, consider exploring the resources available on US Legal Forms regarding trust management.

To rescind a deed in California, you must provide a written notice to the involved parties, stating your intention to rescind the deed. Include all relevant details, like the property's description, involved parties, and the reason for rescission. Once notice is given, you may file a formal rescission document with the county recorder's office in Garden Grove, California. Utilizing US Legal Forms can streamline this process, offering you the right templates and instruction for an effective rescission.

Creating a deed of reconveyance involves providing a completed, signed document acknowledging that the obligation secured by the original deed of trust has been satisfied. The lender or beneficiary must execute this document, and it should include specific information about the property and original deed. After signing, file the deed of reconveyance with the county recorder to formally release the lien in Garden Grove, California. You can facilitate this process with US Legal Forms, which offers straightforward templates to help you create the necessary documents.

To file a deed of trust in California, begin by obtaining the necessary forms, which you can find online or at your local county recorder's office. Once you have completed the forms, ensure you've properly notarized them. Then, submit the deed of trust to the county recorder’s office in the appropriate jurisdiction, which includes Garden Grove, California. Using US Legal Forms can simplify this process, providing you with templates and guidance tailored to your needs.

Although the question is about the UK, it's important to know that in any legal jurisdiction, including the UK, a deed of trust must typically be executed with proper formalities. This includes signatures from all parties, and sometimes witnessing by a third party. For those in Garden Grove, California, while the processes may differ from international practices, understanding your local laws regarding trusts and deeds is crucial to their enforceability. You may find relevant legal forms on platforms like uslegalforms to help you navigate these requirements.

Transferring property from a trust to an individual in California typically involves executing a deed that specifies the transfer of property from the trust to the individual. This deed must be signed by the trustee and may need to be recorded with the county to clear the title. For residents in Garden Grove, California, maintaining proper documentation is essential for ensuring a clean title transfer. Uslegalforms provides accessible templates to assist in this documentation process.

To obtain a copy of a trust document in California, you will typically need to contact the trustee responsible for managing the trust or the attorney who created it. Trust documents are not public records, so you'll need permission or legal standing to access them. If you're unsure how to proceed, USLegalForms can help you understand your options and guide you through the necessary steps in Garden Grove, California.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Satisfaction - Reconveyance of Deed of Trust by Individual

Assignments Generally: Lenders, or holders of mortgages or deeds of trust, often assign mortgages or deeds of trust to other lenders, or third parties. When this is done the assignee (person who received the assignment) steps into the place of the original lender or assignor. To effectuate an assignment, the general rules is that the assignment must be in proper written format and recorded to provide notice of the assignment.

Satisfactions Generally: Once a mortgage or deed of trust is paid, the holder of the mortgage is required to satisfy the mortgage or deed of trust of record to show that the mortgage or deed of trust is no longer a lien on the property. The general rule is that the satisfaction must be in proper written format and recorded to provide notice of the satisfaction. If the lender fails to record a satisfaction within set time limits, the lender may be responsible for damages set by statute for failure to timely cancel the lien. Depending on your state, a satisfaction may be called a Satisfaction, Cancellation, or Reconveyance. Some states still recognize marginal satisfaction but this is slowly being phased out. A marginal satisfaction is where the holder of the mortgage physically goes to the recording office and enters a satisfaction on the face of the the recorded mortgage, which is attested by the clerk.

California Law

Assignment: It is recommended that an assignment be in writing and recorded.

Demand to Satisfy: If the trustee has failed to execute and record, or cause to be recorded, the full reconveyance within 60 calendar days of satisfaction of the obligation, the beneficiary, upon receipt of a written request by the trustor, shall execute and acknowledge a document ... substituting itself or another as trustee and issue a full reconveyance.

Recording Satisfaction: A certificate of the discharge of a mortgage, and the proof or acknowledgment thereof, must be recorded in the office of the county recorder in which the mortgage is recorded.

Penalty: All damages which that person may sustain by reason of the failure to record satisfaction shall require that the violator forfeit to that person the sum of three hundred dollars ($300).

Acknowledgment: An assignment or satisfaction must contain a proper California acknowledgment, or other acknowledgment approved by Statute.

California Statutes

CIVIL CODE

DIVISION 3- OBLIGATIONS

TITLE 14- LIEN

Chapter 2- Mortgages

Article 1- Mortgages In General: SECTION 2920-2944.5

2939. A recorded mortgage must be discharged by a certificate signed by the mortgagee, his personal representatives or assigns, acknowledged or proved and certified as prescribed by the chapter on recording transfers, stating that the mortgage has been paid, satisfied, or discharged. Reference shall be made in said certificate to the book and page where the mortgage is recorded.

2939.5. Foreign executors, administrators and guardians may satisfy mortgages upon the records of any county in this state, upon producing and recording in the office of the county recorder of the county in which such mortgage is recorded, a duly certified and authenticated copy of their letters testamentary, or of administration or of guardianship, and which certificate or authentication shall also recite that said letters have not been revoked. For the purposes of this section, guardian includes a foreign conservator, committee, or comparable fiduciary.

2940. A certificate of the discharge of a mortgage, and the proof or acknowledgment thereof, must be recorded in the office of the county recorder in which the mortgage is recorded.

2941. (a) Within 30 days after any mortgage has been satisfied, the mortgagee or the assignee of the mortgagee shall execute a certificate of the discharge thereof, as provided in Section 2939, and shall record or cause to be recorded in the office of the county recorder in which the mortgage is recorded. The mortgagee shall then deliver, upon the written request of the mortgagor or the mortgagor's heirs, successors, or assignees, as the case may be, the original note and mortgage to the person making the request.

(b) (1) Within 30 calendar days after the obligation secured by any deed of trust has been satisfied, the beneficiary or the assignee of the beneficiary shall execute and deliver to the trustee the original note, deed of trust, request for a full reconveyance, and other documents as may be necessary to reconvey, or cause to be
reconveyed, the deed of trust.
(A) The trustee shall execute the full reconveyance and shall record or cause it to be recorded in the office of the county recorder in which the deed of trust is recorded within 21 calendar days after receipt by the trustee of the original note, deed of trust, request for a full reconveyance, the fee that may be charged pursuant to subdivision (e), recorder's fees, and other documents as may be necessary to reconvey, or cause to be reconveyed, the deed of trust.
(B) The trustee shall deliver a copy of the reconveyance to the beneficiary, its successor in interest, or its servicing agent, if known. The reconveyance instrument shall specify one of the following options for delivery of the instrument, the addresses of which the recorder has no duty to validate:
(i) The trustor or successor in interest, and that person's last known address, as the person to whom the recorder will deliver the recorded instrument pursuant to Section 27321 of the Government Code.
(ii) That the recorder shall deliver the recorded instrument to the trustee's address. If the trustee's address is specified for delivery, the trustee shall mail the recorded instrument to the trustor or the successor in interest to the last known address for that party.
(C) Following execution and recordation of the full reconveyance, upon receipt of a written request by the trustor or the trustor's heirs, successors, or assignees, the trustee shall then deliver, or caused to be delivered, the original note and deed of trust to the person making that request.
(D) If the note or deed of trust, or any copy of the note or deed of trust, is electronic, upon satisfaction of an obligation secured by a deed of trust, any electronic original, or electronic copy which has not been previously marked solely for use as a copy, of the note and deed of trust, shall be altered to indicate that the obligation is paid in full.
(2) If the trustee has failed to execute and record, or cause to be recorded, the full reconveyance within 60 calendar days of satisfaction of the obligation, the beneficiary, upon receipt of a written request by the trustor or trustor's heirs, successor in interest, agent, or assignee, shall execute and acknowledge a document pursuant to Section 2934a substituting itself or another as trustee and issue a full reconveyance.
(3) If a full reconveyance has not been executed and recorded pursuant to either paragraph (1) or paragraph (2) within 75 calendar days of satisfaction of the obligation, then a title insurance company may prepare and record a release of the obligation. However,at least 10 days prior to the issuance and recording of a full release pursuant to this paragraph, the title insurance company shall mail by first-class mail with postage prepaid, the intention to release the obligation to the trustee, trustor, and beneficiary of record, or their successor in interest of record, at the last known address.
(A) The release shall set forth:
(i) The name of the beneficiary.
(ii) The name of the trustor.
(iii) The recording reference to the deed of trust.
(iv) A recital that the obligation secured by the deed of trust has been paid in full.
(v) The date and amount of payment.
(B) The release issued pursuant to this subdivision shall be entitled to recordation and, when recorded, shall be deemed to be the equivalent of a reconveyance of a deed of trust.
(4) Where an obligation secured by a deed of trust was paid in full prior to July 1, 1989, and no reconveyance has been issued and recorded by October 1, 1989, then a release of obligation as provided for in paragraph (3) may be issued.
(5) Paragraphs (2) and (3) do not excuse the beneficiary or the trustee from compliance with paragraph (1). Paragraph (3) does not excuse the beneficiary from compliance with paragraph (2).
(6) In addition to any other remedy provided by law, a title insurance company preparing or recording the release of the obligation shall be liable to any party for damages, including attorney's fees, which any person may sustain by reason of the issuance and recording of the release, pursuant to paragraphs (3) and (4).
(7) A beneficiary may, at its discretion, in accordance with the requirements and procedures of Section 2934a, substitute the title company conducting the escrow through which the obligation is satisfied for the trustee of record, in which case the title company assumes the obligation of a trustee under this subdivision, and may collect the fee authorized by subdivision (e).
(8) In lieu of delivering the original note and deed of trust to the trustee within 30 days of loan satisfaction, as required by paragraph (1) of subdivision (b), a beneficiary who executes and delivers to the trustee a request for a full reconveyance within 30 days of loan satisfaction may, within 120 days of loan satisfaction,deliver the original note and deed of trust to either the trustee or trustor. If the note and deed of trust are delivered as provided in this paragraph, upon satisfaction of the note and deed of trust, the note and deed of trust shall be altered to indicate that the obligation is paid in full. Nothing in this paragraph alters the requirements and obligations set forth in paragraphs (2) and (3).
(c) For the purposes of this section, the phrases cause to be recorded and cause it to be recorded include, but are not limited to, sending by certified mail with the United States Postal Service or by an independent courier service using its tracking service that provides documentation of receipt and delivery, including the signature of the recipient, the full reconveyance or certificate of discharge in a recordable form, together with payment for all required fees, in an envelope addressed to the county recorder's office of the county in which the deed of trust or mortgage is recorded. Within two business days from the day of receipt, if received in recordable form together with all required fees, the county recorder shall stamp and record the full reconveyance or certificate of discharge. Compliance with this subdivision shall entitle the trustee to the benefit of the presumption found in Section 641 of the Evidence Code.
(d) The violation of this section shall make the violator liable to the person affected by the violation for all damages which that person may sustain by reason of the violation, and shall require that the violator forfeit to that person the sum of five hundred dollars ($500).
(e) (1) The trustee, beneficiary, or mortgagee may charge a reasonable fee to the trustor or mortgagor, or the owner of the land, as the case may be, for all services involved in the preparation, execution, and recordation of the full reconveyance, including, but not limited to, document preparation and forwarding services rendered
to effect the full reconveyance, and, in addition, may collect official fees. This fee may be made payable no earlier than the opening of a bona fide escrow or no more than 60 days prior to the full satisfaction of the obligation secured by the deed of trust or mortgage.
(2) If the fee charged pursuant to this subdivision does not exceed forty-five dollars ($45), the fee is conclusively presumed to be reasonable.
(3) The fee described in paragraph (1) may not be charged unless demand for the fee was included in the payoff demand statement described in Section 2943.
(f) For purposes of this section, original may include an optically imaged reproduction when the following requirements are met:
(1) The trustee receiving the request for reconveyance and executing the reconveyance as provided in subdivision
(b) is an affiliate or subsidiary of the beneficiary or an affiliate or subsidiary of the assignee of the beneficiary, respectively.
(2) The optical image storage media used to store the document shall be nonerasable write once, read many (WORM) optical image media that does not allow changes to the stored document.
(3) The optical image reproduction shall be made consistent with the minimum standards of quality approved by either the National Institute of Standards and Technology or the Association for Information and Image Management.
(4) Written authentication identifying the optical image reproduction as an unaltered copy of the note, deed of trust, or mortgage shall be stamped or printed on the optical image reproduction.
(g) No fee or charge may be imposed on the trustor in connection with, or relating to, any act described in this section except as expressly authorized by this section.
(h) The amendments to this section enacted at the 1999-2000 Regular Session shall apply only to a mortgage or an obligation secured by a deed of trust that is satisfied on or after January 1, 2001.
(i) (1) In any action filed before January 1, 2002, that is dismissed as a result of the amendments to this section enacted at the 2001-02 Regular Session, the plaintiff shall not be required to pay the defendant's costs.
(2) Any claimant, including a claimant in a class action lawsuit, whose claim is dismissed or barred as a result of the amendments to this section enacted at the 2001-02 Regular Session, may, within 6 months of the dismissal or barring of the action or claim, file or refile a claim for actual damages occurring before January 1, 2002, that were proximately caused by a time lapse between loan satisfaction and the completion of the beneficiary's obligations as required under paragraph (1) of subdivision (b). In any action brought under this section, the defendant may be found liable for actual damages, but may not be found liable for any civil penalty authorized by Section 2941.
(j) Notwithstanding any other penalties, if a beneficiary collects a fee for reconveyance and thereafter has knowledge, or should have knowledge, that no reconveyance has been recorded, the beneficiary shall cause to be recorded the reconveyance, or in the event a release of obligation is earlier and timely recorded, the beneficiary shall refund to the trustor the fee charged to perform the reconveyance. Evidence of knowledge includes, but is not limited to,notice of a release of obligation pursuant to paragraph (3) of subdivision (b).

2941.5. Every person who willfully violates Section 2941 is guilty of a misdemeanor punishable by fine of not less than fifty dollars ($50) nor more than four hundred dollars ($400), or by imprisonment in the county jail for not to exceed six months, or by both such fine and imprisonment. For purposes of this section, willfully means simply a purpose or willingness to commit the act, or make the omission referred to. It does not require an intent to violate the law, to injure another,or to acquire any advantage.

Satisfaction - Reconveyance of Deed of Trust by Individual

California Law

Assignment: It is recommended that an assignment be in writing and recorded.

Recording Satisfaction: A certificate of the discharge of a mortgage, and the proof or acknowledgment thereof, must be recorded in the office of the county recorder in which the mortgage is recorded.

Penalty: All damages which that person may sustain by reason of the failure to record satisfaction shall require that the violator forfeit to that person the sum of three hundred dollars ($300).

Acknowledgment: An assignment or satisfaction must contain a proper California acknowledgment, or other acknowledgment approved by Statute.

California Statutes

CIVIL CODE

DIVISION 3- OBLIGATIONS

TITLE 14- LIEN

Chapter 2- Mortgages

Article 1- Mortgages In General: SECTION 2920-2944.5

2940. A certificate of the discharge of a mortgage, and the proof or acknowledgment thereof, must be recorded in the office of the county recorder in which the mortgage is recorded.

Garden Grove California Satisfaction - Reconveyance of Deed of Trust by Individual

Description

Related forms

Viewed forms

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

Form popularity

FAQ

Can a trustee sell trust property to himself in California?

Can you transfer assets out of an irrevocable trust?

Who owns the property in a trust in California?

How can a trust avoid property tax reassessment in California after?

How do I rescind a deed in California?

How do I create a deed of reconveyance?

How do I file a deed of trust in California?

What makes a deed of trust legally binding in the UK?

How to transfer property from a trust to an individual in California?

How do I get a copy of a trust document in California?

Interesting Questions

What is a reconveyance of deed of trust?

How do I request a reconveyance of deed of trust in Garden Grove?

Can an individual request a reconveyance of deed of trust in Garden Grove?

How long does it take to receive a reconveyance of deed of trust in Garden Grove?

Is there a fee for requesting a reconveyance of deed of trust in Garden Grove?

What happens after I receive the reconveyance of deed of trust in Garden Grove?

Trusted and secure by over 3 million people of the world’s leading companies

Garden Grove California Satisfaction - Reconveyance of Deed of Trust by Individual

Description

Related forms

Viewed forms

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

Form popularity

FAQ

Can a trustee sell trust property to himself in California?

Can you transfer assets out of an irrevocable trust?

Who owns the property in a trust in California?

How can a trust avoid property tax reassessment in California after?

How do I rescind a deed in California?

How do I create a deed of reconveyance?

How do I file a deed of trust in California?

What makes a deed of trust legally binding in the UK?

How to transfer property from a trust to an individual in California?

How do I get a copy of a trust document in California?