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Click ‘Get Form’ to open the SUB & RECON document in the editor.
Begin by filling in the 'Recording Requested By' section. Enter your name, address, city, state, and ZIP code accurately.
In the 'WHEREAS' section, provide details of the original Trustor, Trustee, and Beneficiary as specified in the Deed of Trust. Ensure all names are spelled correctly.
Fill in the date of the original Deed of Trust and its recorded information including Instrument Number or book and page number.
Complete the APN No. field with the Assessor's Parcel Number relevant to your property.
Sign and date at the bottom where indicated. If required, have a notary public witness your signature for validation.
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The key disadvantages of placing a house in a trust include the following: Extra paperwork: Moving property in a trust requires the house owner to transfer the assets legal title. This involves preparing and signing an additional deed, and some people may consider this cumbersome.
When you pay off your house, do you get a deed?
No, you do not receive a new deed when your mortgage is paid off; you should have received either a mortgage release form or a copy of your mortgage stamped with ``paid and ``released.
What is a sub and recon?
A Substitution of Trustee and Deed of Reconveyance is a legal document that evidence security interest is being release by a lender. In most cases, the document shows that a loan has been paid off. Property owners may even receive this document if they have refinanced a loan.
What does recon mean in real estate?
Reconveyance is the return of the property title to its original owner. It can occur at the end of a limited estate or at the out-pay of a mortgage.
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