Assignment of Deed of Trust
An agreement transferring the beneficial interest in a deed of trust from one lender to another.
Amended Deed of Trust
A revised deed of trust that modifies the terms of the original agreement, often to reflect changes in the loan terms or conditions.
Abstract of Judgment
A summary of a court judgment that creates a lien on the debtor’s property, allowing the creditor to claim the property to satisfy the debt.
Affidavit
A written statement made under oath, used in court proceedings or other legal matters.
Assignment of Rents
An agreement in which a property owner transfers their right to collect rent to a lender as security for a loan.
Assignment of Lease
A transfer of a leaseholder’s rights and obligations to another party for the remainder of the lease term.
Construction Trust Deed
A deed of trust used to secure a construction loan, giving the lender a lien on the property during the construction process.
Covenants, Conditions, and Restrictions (CC&Rs)
Legal terms that dictate how property can be used, typically applied in residential communities by homeowners’ associations.
Declaration of Homestead
A legal document that protects a homeowner’s equity in their residence from certain types of creditors.
Deed of Trust
A document used in real estate transactions where the legal title to a property is transferred to a trustee as security for a loan between a borrower and lender.
Easement
A legal right to use another person’s land for a specific purpose, such as access to a road or utility lines.
Lease
A contractual agreement where one party (the lessee) pays the owner (the lessor) for the use of an asset, usually property or land, for a specified time.
Lien
A legal claim on property as security for a debt, giving the lienholder rights to the property until the debt is satisfied.
Lot Line Adjustment
A legal change to the boundaries between adjacent parcels of land, typically requiring government approval.
Mechanic’s Lien
A lien placed on a property by a contractor or supplier who has not been paid for labor or materials used to improve the property.
Modification for Deed of Trust
An agreement that alters the terms of an existing deed of trust, often to adjust the loan terms or interest rate.
Notice of Completion
A document filed by a property owner or contractor to signify that a construction project is finished.
Notice of Default
A formal notice filed by a lender stating that a borrower has failed to meet the terms of a loan agreement, typically leading to foreclosure proceedings.
Notice of Rescission of Declaration of Default
A notice indicating that the borrower has corrected the default and the lender is rescinding the previously filed notice of default.
Notice of Trustee’s Sale
A public notice that a property will be sold by a trustee at auction, typically due to foreclosure.
Quitclaim Deed
A deed that transfers whatever interest the grantor has in the property, with no warranties as to the quality of the title.
Release
A legal document that relinquishes a claim or right to a particular piece of property.
Reconveyance
A document issued by a trustee confirming that the borrower has paid off the mortgage, thereby transferring the property title back to the borrower.
Request for Notice
A document filed by a junior lienholder to ensure they are informed if foreclosure proceedings are initiated on a property.
Subordination Agreement
An agreement that changes the priority of liens, allowing one lien to take precedence over another.
Substitution of Trustee
A document that appoints a new trustee in place of the original trustee named in a deed of trust.
Trustee’s Deed Upon Sale
A deed issued to the highest bidder at a foreclosure sale, transferring ownership of the foreclosed property.
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