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Documents Defined Series ( Full Reconveyance )

By
Title Insurance with Stewart Title of California

Full Reconveyance

Whenever the trustor (borrower) executes a deed of trust he/she

conveys "bare legal" title to the property described therein to a

party called the trustee. The trustee holds the property in trust

(for the benefit of the beneficiary-lender) until a recorded "Full

Reconveyance" (sometimes referred to as a deed of

reconveyance) reconveys the bare legal title back to the person(s)

entitled to said title. Therefore, when the debt or obligation

secured by a deed of trust has been satisfied, the beneficiary, or

successor must, within 30 days, deliver the original note

(promissory note) and deed of trust, together with a request for

full reconveyance, to the trustee. The trustee, then, within 21

calendar days, must secure the fee that may be charged for the

reonveyance, and the recorder's fees, to responsibly fulfill the

execution and recordation of the "Full Reconveyance" in the

county wherein the deed of trust was recorded.