This is an official Washington form for use in land transactions, a Request for Full Reconveyance.
Bellevue Washington Request for Full Re conveyance is a legal document related to real estate transactions in the city of Bellevue, Washington. It is typically used when a borrower has fully paid off their mortgage debt, and as a result, they request the release of the lien against their property. This reconveyance document is crucial for homeowners as it proves that they have clear and marketable title to their property. The process involves filing specific paperwork with the appropriate jurisdiction, typically with the county recorder's office. There are different types of Bellevue Washington Request for Full Re conveyance, including: 1. Residential Property Re conveyance: This type of reconveyance is used for residential properties, such as single-family homes, town homes, or condominiums. Homeowners who have paid off their mortgage can file this request to release the lien on their property. 2. Commercial Property Re conveyance: For commercial properties, such as office buildings, retail spaces, or industrial warehouses, a Bellevue Washington Request for Full Re conveyance specific to commercial real estate is required. This allows business owners to lift the lien and establish clear ownership of the property. 3. Refinance Re conveyance: When homeowners decide to refinance their mortgage, they often need to file a Bellevue Washington Request for Full Re conveyance. This ensures that the previous mortgage is fully released, allowing the new lender to have a legitimate claim on the property. 4. Second Mortgage Re conveyance: If a homeowner has taken out a second mortgage or a home equity line of credit (HELOT), paying it off in full requires filing a Bellevue Washington Request for Full Re conveyance specifically for second mortgages. This enables the homeowner to release the lien associated with the additional loan. Submitting a Bellevue Washington Request for Full Re conveyance requires specific steps. Firstly, the borrower should obtain a copy of the original mortgage instrument from the lender. Then, they need to fill out the appropriate reconveyance document, which includes important details such as the property's legal description, the original loan amount, and the recording information. Additionally, any outstanding liens or encumbrances on the property must be resolved before submitting the request for full reconveyance. Once the reconveyance document is completed, it needs to be notarized and recorded with the King County Recorder's Office or the corresponding county office depending on the jurisdiction. The county office will review and authenticate the request. After the reconveyance is recorded, the lender is legally required to release the lien on the property, signifying that the mortgage has been paid in full. In summary, a Bellevue Washington Request for Full Re conveyance is a crucial document for homeowners seeking to establish clear ownership of their property after paying off their mortgage debt. By initiating this process, borrowers can ensure that any liens or encumbrances are removed, providing them with a clean title to their property.
