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Updated on September 14th, 2022
A California deed of reconveyance transfers property rights from the trustee to the borrower when the borrower fully repays the obligations set forth in a deed of trust. Once the loan is repaid, the beneficiary (lender) must notify and deliver the original deed of trust, promissory note, and a request for a full reconveyance to the trustee. The deed of reconveyance announces publicly that the deed has been repaid in full and it is also required when a mortgagor repays a mortgage.
- Statutes: § 2941
- Formatting: § 27361.5, § 27361.6 & § 27361.7
- Signing Requirements (Cal. Civ. Code § 2952): Notary Public
- Where to record (§ 1169): County Recorder’s Office
- Recording fees (§ 27361): Less than $10 for the first page; under $3 for each page thereafter.
Related Forms (1)
California Promissory Note – A debt repayment instrument that describes how a borrower will repay the moneylender.
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