Substitution of Trustee Forms for All 50 States
What is a Substitution of Trustee?
A substitution of trustee is a legal document that changes the trustee responsible for overseeing a deed of trust. This typically occurs when a borrower refinances a mortgage, the lender sells the loan to another institution, or a foreclosure process begins. The document formally removes the previous trustee and appoints a new one, ensuring that the correct entity manages the trust deed. The substitution must be recorded with the appropriate county office to be legally recognized.
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