LawDepot.com Launches Automated Reconveyance Form

Posted by Orb Staff on October 31, 2007 No Comments
Categories : Mortgage Servicing

Online legal document provider LawDepot.com, based in Desert Hot Springs, Calif., has introduced an automated deed of reconveyance form that allows users to create this property document online.

A deed of reconveyance must be recorded with the county recorder or recorder of deeds in order to clear the deed of trust from the property. If the trustee fails to record a satisfaction within the set time limits, the trustee may be responsible for damages as set out by statute, LawDepot.com notes. The new form is designed to save time and eliminate the need to hire a legal professional to draft the deed.

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