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What is reconveyance?

Reconveyance means the return of title to the original owner. Most commonly arises in the context of reconveyance of real estate deeds\u2014also referred to as deed of reconveyance.

Is California a title theory or lien theory state?

It is settled law that California is a \u201clien\u201d and not a \u201clegal title\u201d theory state when imposing encumbrances/liens against the title of real property. California has a 150-year history of development and evolution in the way its courts have applied legal principles to mortgages and deeds of trust.

Is a deed a valid contract?

Deed or contract? Deeds are distinct from contracts as they are usually enforceable despite a lack of consideration. Consideration is anything given or promised by one party in exchange for the promise of another. Deeds are useful when it is not clear if valuable consideration has been given.

Which states are lien theory states?

Some of the states to apply lien theory include: South Carolina. Florida. Louisiana. Arkansas. New Mexico. Kansas. North Dakota. Wisconsin.

What is request notice of default California?

The term notice of default refers to a public notice filed with a court that states that the borrower of a mortgage is in default on a loan. The lender may file a notice of default when a mortgagor falls behind on their mortgage payments.

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