New Blog 1: Reconveyance Of Deed Of Trust

Reconveyance Of Deed Of Trust

A deed of trust is a legal document that gives your mortgage lender a lien on your home. The lien attaches to your property for as long as you still owe money under the mortgage loan. California state law requires a mortgage lender to remove the deed of trust within 21 days after you fully pay off the mortgage loan. Technically, the lender does not actually remove the deed of trust but instead provides a deed of reconveyance that in effect cancels the deed of trust. The Recorder preserves the official archive of documents relating to legally recordable transactions of events. The Recorder collects documentary transfer tax and conveyance taxes on property sales. Documents are recorded, indexed, digitally archived, and made available to the public. The Recorder’s Office is responsible for the recording of various documents.