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The deed of reconveyance releases the lien the mortgage lender placed on your property. ... You’d never guess it from the name, but a deed of reconveyance can be a momentous document in your ...
The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds , mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements , and court orders .
The Registrar-Recorder/County Clerk (RR/CC) is one of 37 departments in Los Angeles County, California which serves a population of over 10 million.The Registrar-Recorder/County Clerk is responsible for registering voters, maintaining voter files, administering federal, state, local and special elections and verifying initiatives, referendums and recall petitions.
Each recorded document must name the parties involved, e.g., grantor and grantee. The grantor is the party transferring away a property right, and the grantee is receiving a property right. In the case of a deed, the grantor would typically be the property seller, and the grantee the buyer.
A good title consists of the combination of these three (possession, right of possession, and right of property) in the same person(s). The extinguishing of ancient, forgotten, or unasserted claims, such as E's in the example above, was the original purpose of statutes of limitations. Otherwise, title to property would always be uncertain.
A deed of trust is not used to transfer property directly. It is commonly used in some states — California, for example — to transfer title to land to a “trustee”, usually a trust or title company, which holds the title as security ("in escrow") for a loan. When the loan is paid off, title is transferred to the borrower by recording a ...
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