Alaska Substitution of Trustee

Alaska Substitution of Trustee Information

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.

Deeds.com Alaska Substitution of Trustee Forms Have Been Updated as Recently as Friday June 24, 2022

4.8 out of 5 (3637 Reviews)

What others like you are saying:

Silvana M. said: This is a great service, I was worried about my NOC and Liens being filed in this terrible time!!! Happy I have this service Deeds.com!!!

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!

Donna M. said: Appreciated the ability to not only download the form but the instruction's AND a sample.

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!

Wendling D. said: Good

Reply from Staff: Thank you!

Neira S. said: No problem with Recorders Office using your document. It is now completed and recorded.

Reply from Staff: Thank you Neira, have a wonderful day!

Robby T. said: Most people coming to this sight will not have the knowledge for deeds. Therefore, I wish there were more instructions on when the Grantor signs and when the Grantee signs and the process steps to making the transaction final. I would give it 4 out of 5 starts

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!

James W. said: Thank-you for your excellent services

Reply from Staff: Thank you!