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Deed of release and full reconveyance

Full Reconveyance and Deed of Release - Satisfaction, Release or Cancellation of Deed of Trust by Corporation - Arizona 2025

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The document is a Full Reconveyance and Deed of Release, which formally releases a property from a trust deed. It acknowledges the receipt of consideration for the reconveyance and outlines the details of the original deed, including parties involved, property description, and recording information. The document requires signatures from authorized representatives and includes notary acknowledgment.

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What does release of a deed of trust mean?

A deed of trust is an agreement that puts the title of the property in trust, with the trustee as the beneficiary. Only until the debt is paid off by the borrower can a deed of reconveyance then be used to clear the deed of trust from the title to the property.

What does it mean when a deed is released?

A deed of release literally releases the parties to a deal from previous obligations, such as payments under the term of a mortgage, because the loan has been paid off. The lender holds the title to real property until the mortgages terms have been satisfied when a deed of release is commonly entered into.

What is a deed of release and full reconveyance in Arizona?

A deed of release indicates that the homeowner has completed the terms of the mortgage loan repayment while the deed of reconveyance formally transfers full ownership to the homeowner. Depending on the laws of your state, a homeowner might need both documents to remove the mortgage lien from their home.

What is the best type of deed to have?

General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.

What does a deed of release and full reconveyance mean?

Through a deed of release of mortgage, also called a release of deed of trust, the lender agrees to remove the deed of trust, which is the document containing all of the mortgages terms and conditions that is filed at the beginning of the mortgage process.

How do I get my title deed after I pay off my mortgage?

You must obtain the property deed through your county. If you need a copy of your property deed, we advise you to contact the county your mortgage is recorded in or check their website for instructions on how to request one.

Why would someone use a deed of trust?

Deeds of trust are used in financed real estate transactions: that is, when someone borrows money to buy real estate. During such a transaction, a lender gives the borrower money in exchange for one or more promissory notes linked to a deed of trust.

Full Reconveyance and Deed of Release - Satisfaction, Release or Cancellation of Deed of Trust by Corporation - Arizona 2025

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