Get the free PARTIAL DEED OF RECONVEYANCE - dot alaska

STATE OF ALASKA DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIESPROJECT NAME: STATE PROJECT #: FEDERAL AID PROJECT #: PARTIAL DEED OF CONVEYANCE (Corporate/Total Property)PARCEL #: UNIT #: WHEREAS,

How to fill out partial deed of reconveyance

How to fill out partial deed of reconveyance

1. To fill out a partial deed of reconveyance, follow the steps below:
2. Begin by obtaining a blank copy of a partial deed of reconveyance form.
3. Write down the names, addresses, and contact information of all parties involved, including the grantor (the person releasing the partial interest in the property) and the grantee (the person receiving the partial interest).
4. Specify the property details accurately, including the legal description and any relevant identifying information such as the county, state, and parcel number.
5. Clearly state the percentage or fraction of interest being released by the grantor to the grantee. This should be expressed both numerically and in words.
6. Include any additional terms or conditions related to the partial reconveyance, such as any monetary considerations or obligations.
7. Both the grantor and the grantee should review the completed form for accuracy and sign it in the presence of a notary public or another authorized witness.
8. Make copies of the completed and signed partial deed of reconveyance for all parties involved. Keep the original document in a safe place.
9. File the executed deed with the appropriate county recorder's office or other relevant land records office to make it a matter of public record.

Who needs partial deed of reconveyance?

1. A partial deed of reconveyance is typically needed in situations where there is joint ownership of a property, and one or more co-owners wish to release a portion of their ownership interest to another party.
2. Some common scenarios where a partial deed of reconveyance may be necessary include:
3. - Divorce or separation: When a couple owns property together, a partial reconveyance may be used to transfer ownership of a portion of the property to one spouse as part of a divorce settlement.
4. - Estate planning: A property owner may wish to gift or transfer a partial interest in their property to family members or other beneficiaries as part of their estate plan.
5. - Investment or business agreements: In cases where multiple parties jointly own an investment property or business, a partial reconveyance may be used to redistribute ownership interests.
6. - Dissolving a co-ownership: If co-owners of a property decide to terminate their co-ownership arrangement, they may use a partial deed of reconveyance to transfer partial interests to each party.

For pdfFiller’s FAQs

What is partial deed of reconveyance?

A partial deed of reconveyance is a document that releases a portion of property from a mortgage or deed of trust.

Who is required to file partial deed of reconveyance?

The property owner or their authorized representative is required to file a partial deed of reconveyance.

How to fill out partial deed of reconveyance?

To fill out a partial deed of reconveyance, the property owner must include details of the portion of the property being released from the mortgage or deed of trust, along with any necessary signatures.

What is the purpose of partial deed of reconveyance?

The purpose of a partial deed of reconveyance is to release a specific portion of property from a mortgage or deed of trust, allowing the property owner to retain ownership of the remaining portion.

What information must be reported on partial deed of reconveyance?

The partial deed of reconveyance must include details of the portion of property being released, the property owner's information, and any relevant property details.

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