Alameda California Release of Mortgage / Deed of Trust — Full Release: A release of mortgage, also known as a full release, is a legal document that signifies the complete satisfaction and release of a mortgage or deed of trust in Alameda, California. This document is typically issued by the lender or mortgage holder once the borrower has fully paid off their mortgage loan, thereby releasing any liens or claims against the property. In Alameda, California, a release of mortgage is an essential document that acknowledges the borrower's fulfillment of their financial obligations and grants them complete ownership and control over their property. This release eliminates the mortgage or deed of trust's encumbrance and allows the homeowner to freely sell, transfer, or refinance the property without any legal complications. Keywords: Alameda, California, release of mortgage, deed of trust, full release, legal document, satisfaction, mortgage loan, liens, property, ownership, homeowner, sell, transfer, refinance, encumbrance. Different Types of Alameda California Release of Mortgage / Deed of Trust — Full Release: 1. Voluntary Release: This type of release occurs when a borrower has fully paid off their mortgage debt and formally requests a release of the mortgage or deed of trust. The lender then reviews the borrower's payment records and, if satisfied, issues a voluntary release of the mortgage, thereby clearing the property from any encumbrances. 2. Release by Satisfaction: A release by satisfaction is typically utilized when the borrower pays off their mortgage through different means, such as refinancing or using funds from a sale. Once the lender receives full payment, they will issue a release of mortgage or deed of trust, acknowledging the satisfaction of the debt. 3. Automatic Release: In some cases, the terms of the mortgage or deed of trust may include an automatic release clause. This means that once the borrower fulfills their financial obligations, the lender will automatically release the mortgage without the borrower needing to request it separately. However, it is essential for borrowers to ensure they receive an official document confirming the automatic release. 4. Release Upon Foreclosure: If a property goes through foreclosure proceedings in Alameda, California, and the lender successfully recovers the outstanding mortgage debt, a release of mortgage or deed of trust will be issued. This release signifies the termination of any claims against the property and allows the lender to legally sell or transfer ownership. Keywords: Alameda, California, voluntary release, release by satisfaction, automatic release, foreclosure, mortgage debt, refinancing, sale, payment, satisfaction, lender.
Alameda California Release of Mortgage / Deed of Trust - Full Release
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If you need a copy of the current deed, contact or visit the Alameda County Recorder's Office. Copies of deeds are not available off the internet. There is an online name index. Copies of the document itself must be obtained from the Recorder's Office Public Records Room.
You may request copies of recorded real property documents online, in person, or by mail. As of January 1, 2018, the fee for a copy of a recorded document is: $2.00 for the first page and $0.05 for each additional page, per document copy.
The only fees should be recording fees and document stamps (usually around $10.00/deed).
It requires County Recorders throughout California to charge an additional $75 fee at the time of recording every real estate instrument, paper, or notice, except those expressly exempted from payment of recording fees, per each transaction per parcel of real property, not to exceed $225 per single transaction.
When property changes owners, the County Assessor's Office has a form that must be filed to update the tax records. You can submit this form when you go to record your deed at the Alameda County Clerk-Recorder's Office. It is forwarded to the Assessor's Office. The Alameda County PCOR form can be downloaded HERE.
You may request copies of recorded real property documents online, in person, or by mail. As of January 1, 2018, the fee for a copy of a recorded document is: $2.00 for the first page and $0.05 for each additional page, per document copy.
It requires County Recorders throughout California to charge an additional $75 fee at the time of recording every real estate instrument, paper, or notice, except those expressly exempted from payment of recording fees, per each transaction per parcel of real property, not to exceed $225 per single transaction.
In addition to the basic recording fee of $89.00 for the first page and $3.00 for each page thereafter, there are other fees which may be due on deeds and leases. Collection of fees include: Documentary Transfer Tax.
Government Code section 27585 authorizes the Survey Monument Fee, in order to finance the Survey Monument Preservation Fund to pay the necessary expenses incurred or authorized by the county surveyor in any retracement or remonument survey of major historical land division lines upon which later surveys are based (
