Commonly Recorded Documents

AFFIDAVIT
A document that is a declaration or statement of facts which is confirmed by an oath or affirmation.

ASSIGNMENT
A document that transfers a loan or debt (Deed of Trust) to another lender which gives them the right to the money collected in payment of the debt.

ASSUMED NAME
A document that puts on record the business name of an individual, partnership, corporation or limited liability company. (Also known as Doing Business As or DBA).

CERTIFICATE OF SATISFACTION
A document drawn by the beneficiary or owner of the note to cancel the Deed of Trust.

COVENANTS
Covenants are usually drawn to list stipulations as to how the property may be used or what may be built or put on the property. (Also known as Restrictive Covenants).

DEED
A document conveying real estate and its title from the grantor (seller) to the grantee (buyer).

DEED OF EASEMENT
A document by which a property owner gives another person(s) the right to use his land for a special purpose such as access to his property.

DEED OF GIFT
A deed executed and delivered without consideration (payment).

DEED OF RELEASE
It is a conveyance by the trustees after payment or partial payment for divesting themselves of the legal title or title to part of the property of the original owner. It releases part of the land or collateral from the Deed of Trust so that it may be sold or developed.

DEED OF TRUST
A deed of trust is an agreement between a buyer and a lender at the closing of a property. The agreement states that the buyer will repay the loan and the lender will hold the property's legal title until the loan is paid in full. This is a three-party document: the borrower, the lender (beneficiary), and the trustee(s) who holds the legal title or control of the property.

LEASE
An agreement between two parties where one contracts with the other to rent, use or possess real estate or buildings for a specified amount of time.

MODIFICATION (DEED OF TRUST)
A document that alters, adds, or cancels some of the terms or stipulations of a Deed of Trust but leaves the general purposes or effect of the document intact.

NOTICE OF FORECLOSURE
A document recorded to notify the public of the foreclosure proceedings of property being repossessed by the lender, usually for non-payment of the Deed of Trust.

POWER OF ATTORNEY
An instrument authorizing another to act as one's agent or on one's behalf.

QUITCLAIM DEED
A quitclaim deed transfers whatever ownership interest the signer holds with no guarantee of its validity or status. Like a non-warranty deed, a quitclaim deed provides no warranty of title.

REQUEST OF NOTICE
A request by someone, usually a subsequent or second Deed of Trust and note holder to be notified of any sale or foreclosure on property to allow them to take action to collect their lien.

REVOCATION OF POWER OF ATTORNEY
A document that takes away the authority of a power of attorney.

RIGHT OF WAY
The legal right of one to cross the property of another.

SUBORDINATION AGREEMENT
A legal document that establishes one debt or claim as ranking behind another for repayment.

SUBSTITUTION OF TRUSTEE
A document by which the owner of the note replaces or appoints a new trustee on a Deed of Trust.

WARRANTY DEED
A General Warranty Deed is a deed in which the party conveying the property (Grantor) warrants and guarantees to the party receiving the conveyance (Grantee) that the title to the property he is conveying is good and unencumbered as against all persons.