Get the free RESCISSION OF RECONVEYANCE - Provident Title Company
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RECORDING REQUESTED BY: AND WHEN RECORDED MAIL TO: SPACE ABOVE THIS LINE FOR RECORDERS USE APN: RESCISSION OF CONVEYANCE 1. A deed of trust was executed by as Trust or, in favor of as Beneficiary,
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How to fill out rescission of reconveyance
How to fill out rescission of reconveyance:
01
First, obtain a copy of the original reconveyance document. This document is typically provided by the lender or financial institution that held the mortgage on the property.
02
Review the terms and conditions outlined in the original reconveyance document. Pay close attention to any deadlines or specific requirements for filing a rescission.
03
Prepare a written statement expressing your intention to rescind or cancel the reconveyance. Include your name, contact information, and the date of the rescission.
04
Clearly explain the reasons for the rescission, such as a misunderstanding, error, or change in circumstances. Provide any supporting documentation if applicable.
05
Sign and date the rescission document. If there are multiple owners or parties involved, ensure that all necessary signatures are obtained.
06
Make copies of the rescission document for your records and for the recipient of the original reconveyance document.
07
Send the original rescission document by certified mail or another trackable method to the lender or financial institution that issued the original reconveyance.
08
Keep track of the delivery date and any tracking information for future reference and proof of delivery.
09
Wait for a response from the lender or financial institution. They may acknowledge the rescission and update their records accordingly.
10
If necessary, follow up with the lender or financial institution to ensure that the rescission has been processed correctly and that any associated fees or charges have been reversed.
Who needs rescission of reconveyance?
A rescission of reconveyance may be needed by individuals or entities who wish to reverse the transfer of property ownership that was previously conveyed through a reconveyance. This could include homeowners, borrowers, or property owners who have experienced a change in circumstances or who believe that the original reconveyance was made in error. It is important to consult with a legal professional or seek expert advice specific to your situation to determine if you need a rescission of reconveyance and the appropriate steps to take.
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What is rescission of reconveyance?
Rescission of reconveyance is the process of canceling a previously recorded reconveyance deed.
Who is required to file rescission of reconveyance?
The party who previously received a reconveyance deed is required to file rescission of reconveyance.
How to fill out rescission of reconveyance?
Rescission of reconveyance can be filled out by providing details of the previous reconveyance deed and stating the intention to cancel it.
What is the purpose of rescission of reconveyance?
The purpose of rescission of reconveyance is to officially cancel the previously recorded reconveyance deed.
What information must be reported on rescission of reconveyance?
The rescission of reconveyance must include details of the original reconveyance deed and the reasons for canceling it.
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