Substitution Trustee Form PDF Details

In the intricate world of real estate transactions, the Substitution Trustee form plays a pivotal role, especially within the confines of managing or altering the responsibilities of trustees under a Deed of Trust. This document is a legal instrument that allows the current beneficiary of the Deed of Trust to appoint a new trustee, replacing the original or prior one. It is an essential step in various scenarios, including but not limited to, the sale of the property, refinancing, or when there is a need to manage the property under the deed differently. The form itself captures vital details such as the names of the original trustor, trustee, and beneficiary, alongside the specific details of the Deed of Trust including its date, recording information, and the property’s description. Notably, it concludes with a declaration by the new beneficiary or trustee, underscoring their acceptance of their roles without warranties but with all due responsibilities. It is documented in the presence of a Notary Public, ensuring its legality and the authentication of the signatures involved. Understanding the nuances and proper execution of this form is crucial for all parties involved in a Deed of Trust, making it a significant document in the realm of property management and real estate transactions.

QuestionAnswer
Form NameSubstitution Trustee Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesreconveyance substitution trustee, human reconveyance full fill, california trustee full reconveyance, substitution of trustee and reconveyance

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Recording Requested By:

WHEN RECORDED MAIL DOCUMENT TO:

NAME

ADDRESS

CITY

STATE & ZIP

APN NO.

Above Space for Recorder’s Use Only

SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE

Whereas, ________________________________________________________________was the Original

Trustor,_____________________________________________________________________, the original

Trustee, and__________________________________________________________________________,

Original beneficiary, under that certain Deed of Trust dated______________________________________

and recorded______________________as Instrument No.______________________________________

Book___________________Page_______________, Official Records of the County of _______________

____________________________State of California and

WHEREAS, the undersigned present beneficiary desires to substitute a new Trustee under said Deed of Trust in place and instead of

_____________________________________________________________________________________.

Now therefore, the undersigned hereby substitutes himself/herself/themselves as Trustee under said Deed of Trust and does hereby reconvey, without warranty, to the person or persons legally entitled hereto, the Estate now held by him thereunder. Whenever the context hereof so requires, the masculine gender includes the feminine and/or neuter, and the singular numbers includes the plural.

The undersigned hereby accepts said appointment as trustee under the above deed of trust, and as successor trustee, and pursuant to the request of said owner and holder and in accordance with the provisions of said deed of trust, does hereby RECONVEY WITHOUT WARRANTY, TO THE PERSONS LEGALLY ENTITLED THERETO, all the estate now held by it under said deed of trust.

_________________________________

BENEFICIARY / NEW TRUSTEE

Dated:______________________________

STATE OF CALIFORNIA

COUNTY OF __________________________________________} SS.

ON__________________________before me,__________________________________ a Notary Public,

personally appeared ________________________________________________who proved to me on the basis of satisfactory

evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/their/her authorized capacity (ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

NOTARY SEAL

Signature __________________________

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