In the State of Colorado, the standard means of securing a loan on real estate is with a Deed of Trust. There are three parties involved with a Deed of Trust: the Borrower, the Lender and the Public Trustee. When a property owner executes a Deed of Trust, they are essentially deeding the property to the Public Trustee to hold in trust for the benefit of the lender until the indebtedness is paid in full. When it is paid, the lender sends the Public Trustee a Request for Release and the Public Trustee confirms the release and re-conveys the property back to the property owner. Both the Deed of Trust and the Release of Deed of Trust are legal documents and anyone executing them should consider consulting legal counsel.
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Release With Production of Evidence | Release of Deed of Trust and Release by Holder of the Evidence of Debt With Production of Evidence of Debt |
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Release Without Production of Evidence | Release of Deed of Trust and Release by Holder of the Evidence of Debt Without Production of Evidence of Debt |
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