A lender uses this form to transfer its interest in a recorded Utah deed of trust, and the loan it secures, to a new lender or investor. Document a lender's transfer of a recorded deed of trust and its loan.
When a loan secured by a Utah trust deed is paid off, the trustee signs a deed of reconveyance so the records show the property is free of the trust deed. It can also release other recorded liens.
A deed of trust secures a promissory note with Utah real estate, for example a private, family, or seller-financed loan. The borrower signs it, and it is recorded.
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.