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OTHER NAMESReconveyance Deed
What is a Deed of Reconveyance?
A Deed of Reconveyance is a document that releases the lien on real property formed through a Deed of Trust, or in some states and situations, a mortgage. Deeds of Reconveyance confirm the repayment of the property loan, and transfer the property from the lender ("trustee"), who legally owned the property, to the borrower ("trustor") who borrowed money to purchase the property.
Once the loan is repaid, the Deed of Reconveyance is created to include details about the property -- such as the party names, recorded information, and legal description -- and is signed by the trustee and recorded with the county where the property is located. Once recorded, the Reconveyance Deed legally transfers ownership of the property from the lender to the borrower.
Note: Depending on what state the property is located in and what type of loan documents were signed, states may require that either a "Deed of Reconveyance" or a "Satisfaction of Mortgage" be filed. These documents are very similar and each provides proof that a mortgage or property loan has been fully repaid.
When to use a Deed of Reconveyance:
You just made your last mortgage payment.
You lent someone money to buy a house, and they've repaid you in full.
What we’ll cover
Sample Deed of Reconveyance
The terms in your document will update based on the information you provide
This document has been customized over 18.5K times
WHEREAS, THE indebtedness secured by the Deed of Trust executed by:
of , ,
(the "Borrower")
-TO-
of , ,
(the "Trustee")
-FOR-
of , ,
(the "Lender")
recorded on , in the office of the Recorder for the Recording District, State of , in , has been fully paid and satisfied.
The Trustee hereby reconveys unto the Trustor, without warranty, all right, title and interest which was acquired by said Trustee under said Deed of Trust for the real property more particularly described as follows:
Executed by this _______ day of ___________________, 20___.
______________________________
Trustee
NOTARY ACKNOWLEDGMENT
State of
)
County of
)
WITNESS my hand and official seal.
____________________________________
(Notary Seal)
Notary Public
____________________________________
My commission expires
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Deed of Reconveyance FAQs
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How do I get a Deed of Reconveyance?
Making a Deed of Reconveyance online is simple. Just answer a few questions, and Rocket Lawyer will build your document for you. Consider these questions beforehand to make the process speedier:
Who is the borrower, lender, and trustee?
Where will the trustee sign the Deed of Reconveyance?
What is the legal description of the property?
What is the recorded information of the Deed of Trust?
If you don't have all of the details you need, you can skip questions, and save your document for later.
Who signs a Reconveyance Deed?
A Deed of Reconveyance is signed by a trustee (the lender, in most cases) and notarized. Afterwards, it should be filed with the county recorder's office.
How do I file a reconveyance?
Contact your local county recorder or recorder of deeds to learn about their specific process. If you have questions, a real estate lawyer can also help.
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