Alaska Substitution of Trustee Forms

Alaska Substitution of Trustee Overview

How to Use This Form
- Select your borough or census area from the list on the left
- Download the borough or census area-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your borough or census area recorder's office
Use this form to substitute a trustee in a previously recorded Deed of Trust, typically executed to perform a foreclosure or when the current trustee can't or won't act.
((b) The substitution must contain
(1) the date of execution of the trust deed;
(2) the names of the trustee, trustor, and beneficiary, and, if the substitution is executed by the attorney for the beneficiary or successor in interest to the beneficiary, the name, address, and Alaska Bar Association identification number of the attorney;
(3) the book and page where the trust deed is recorded or the serial number assigned to the trust deed by the recorder;
(4) the name of the new trustee; and
(5) an acknowledgment signed and acknowledged by the trustee named in the trust deed of a receipt of a copy of the substitution, or an affidavit of service of a copy of it.
(c) From the time the substitution is filed for record, the new trustee succeeds to all the powers, duties, authority, and title of the trustee named in the deed of trust.
(d) When a title insurance company authorized to do business by a certificate of authority granted under AS 21.66 has been purchased by, merged into, or consolidated with, or has transferred all or substantially all of its business assets to, another authorized title insurance company, the surviving or successor company, by operation of law, succeeds to the duties of the predecessor company granted to that predecessor as trustee in any trust deed described in (a) of this section.) (Alaska Sec. 34.20.120.)
This form contains an "Affidavit of Service of Substitution of Trustee" clause/paragraph as described in AK Sec. 34.20.120(5) above.
For use in Alaska only.
Important: Borough or Census Area-Specific Forms
Our substitution of trustee forms are specifically formatted for each borough or census area in Alaska.
After selecting your borough or census area, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.
How to Use This Form
- Select your borough or census area from the list above
- Download the borough or census area-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your borough or census area recorder's office
Common Uses for Substitution of Trustee
- Transfer property between family members
- Add or remove names from property titles
- Transfer property into or out of trusts
- Correct errors in previously recorded deeds
- Gift property to others