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What is the difference between a deed and a deed of trust?

Both a warranty deed and deed of trust are used to transfer the title of a property from one person to another. However, the difference between these two contracts is who is protected. As you now know, a deed of trust protects the beneficiary (lender). A warranty deed, on the other hand, protects the property owner.

What is a deed of trust in Colorado?

What is a deed of trust? A deed of trust, on the other hand, is frequently utilized in Colorado in place of mortgage. It is a transfer of interest in land by a borrower to a lender to secure the payment of the borrowers debt.

What is a release of deed of trust Colorado?

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.

How do I release a deed of trust in Colorado?

To execute a release of Deed of Trust, it is necessary to submit the following to the Public Trustees Office: Request for Release of Deed of Trust Form signed by all holders of the Evidence of Debt (normally a Promissory Note) or their attorney or agent. Lenders signatures must be acknowledged by a Notary Public.

What is a release deed in Maine?

A release deed is a deed whereby the signor releases to the other party any interest if any, they had in the property.

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