This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
California Authority to Release of Deed of Trust
State:
Multi-State
Control #:
US-00186
Format:
Word;
Rich Text
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How to fill out Authority To Release Of Deed Of Trust?
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FAQ
Revocable Living Trust: Real estate in California can be held by a revocable living trust. Title to the California real estate is held by the Trustee or Trustees of the trust who retains complete control over the trust and has complete power of direction over the real property.
A trust deed gives the third-party ?trustee? (usually a title company or real estate broker) legal ownership of the property.
When a deed of trust/mortgage is paid in full, you can record a Full Reconveyance from the trustee stating publicly that the loan has been paid. The Full Reconveyance Form is completed and signed by the trustee, whose signature must be notarized.
A Release of Deed of Trust is a written request from the mortgage company, lender, their agent, attorney or an insurance company to the Public Trustee and must be submitted within 90 days after the satisfaction of the indebtedness.
When is a Deed of Trust Invalid? There are two main reasons a deed of trust may be considered invalid: (1) lack of required formalities in executing the deed of trust, or (2) there is some fact outside execution that makes the deed of trust invalid.
The lender does this by filing a "Deed of Reconveyance and Release" or some other similarly-titled document that notes that the underlying obligation on the deed of trust has been paid off.