A deed of trust secures a promissory note with Colorado real estate, for example a private, family, or seller-financed loan. In Colorado, the trustee is always the Public Trustee of the county where the property is located. Secure a real estate loan through the county Public Trustee.
Secure a real estate loan through the county Public Trustee.
A deed of trust secures a promissory note with Colorado real estate, for example a private, family, or seller-financed loan. In Colorado, the trustee is always the Public Trustee of the county where the property is located.
What you'll need
Read the packet and confirm the receiving agency's requirements.
Gather the names, dates and supporting records requested in this document.
Bring acceptable identification for a required notarial act.
How to complete it
Return address (top of Page 1) Enter where the Clerk and Recorder should mail the recorded original.
Parties, property, and loan (Page 1) Name the borrower and lender, describe the property, and enter the loan details.
Sign before a notary (Page 2) Each borrower signs. Bring a current, government-issued photo ID.
Record the original with the county clerk and recorder of the county where the property is located.
When the loan is paid, the lender files a Request for Full Release with the Public Trustee to release the deed of trust.
Pair it with a signed Promissory Note. Consumer and residential loans have additional rules; talk to an attorney.
A promissory note is a written promise to repay a loan, such as a loan between family members or friends, with the interest rate and payment schedule spelled out.
These forms are a free convenience, not legal advice. First Choice Mobile Notary & Apostille is not a law firm. Consult an attorney licensed in the relevant state for legal questions.