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Do you mean Reconveyance??

Posted by Ward-CA- on January 12, 2004 at 9:48 AM

In Reply to: Deed of Recission, Anyone? posted by M on January 11, 2004 at 9:39 AM

: Hi,

: Does anyone have a copy of a deed of recission? If so, please fax it to me at: 702-920-7634

: Thanks,
: M

========================

M,

I been active full-time in real estate since 1972 and have never heard of a deed of rescission.

Could you possibly mean a Deed of Reconveyance? That's what a lender records to show their trust deed has been paid off.

Trustee's will record a Rescission of Notice of Default (in CA) or a Rescission of Notice of Breech (in NV) if a foreclosure has been cured before it goes to Trustee's Sale.

If you need a Deed of Reconveyance, just call the Customer Service department of a local Las Vegas title company and have them fax a blank to you. They won't charge you anything for the form.

By the way, the only party that can sign a reconveyance is the trustee that's named in the affected trust deed.


Hope this helps.


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