Phillips County Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust Forms (Montana)
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Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust
State
Montana
Area
Phillips County
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Phillips County specific forms and documents listed below are included in your immediate download package:
Substitution of Trustee and Deed of Full Reconveyance
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 12/26/2023
Substitution of Trustee and Deed of Full Reconveyance - Guidelines
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 3/1/2024
Substitution of Trustee and Deed of Full Reconveyance - Completed Example
Example of a properly completed form for reference.
Included document last reviewed/updated 3/13/2024
Included Supplemental Documents
The following Montana and Phillips County supplemental forms are included as a courtesy with your order.
Frequently Asked Questions:
How long does it take to get my forms?
Forms are available immediately after submitting payment.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Montana or Phillips County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
Forms are NOT emailed to you. Immediately after you submit payment, the Phillips County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Phillips County Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Phillips County that you need to transfer you would only need to order our forms once for all of your properties in Phillips County.
Are these forms guaranteed to be recordable in Phillips County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Phillips County including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Areas Covered by These Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust Forms:
- Phillips County
Including:
- Dodson
- Loring
- Malta
- Saco
- Whitewater
- Zortman
What is the Montana Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust
This form is initiated by the current beneficiary/lender, appoints a successor trustee who reconveys the Trust Indenture/Deed of Trust. This is typically performed when the loan/note has been paid in full/satisfied and the original trustee can't or won't reconvey the Trust Indenture/Deed of Trust in question.
71-1-306. Qualifications of trustee -- successor trustee.
(1) The trustee of a trust indenture under this part must be:
(a) an attorney who is licensed to practice law in Montana;
(b) a bank, trust company, or savings and loan association authorized to do business in Montana under the laws of Montana or the United States; or
(c) a title insurer or title insurance producer or agency authorized to do business in Montana under the laws of Montana.
(2) The beneficiary may appoint a successor trustee at any time by filing for record, in the office of the clerk and recorder of each county in which the trust property or some part of the trust property is situated, a substitution of trustee. The substitution must identify the trust indenture by stating the names of the original parties to the trust indenture and the date of recordation and the book and page where the information is recorded, must state the name and mailing address of the new trustee, and must be executed and acknowledged by all of the beneficiaries designated in the trust indenture or their successors in interest. From the time the substitution is filed for record, the new trustee is vested with all the power, duties, authority, and title of the trustee named in the trust indenture and of any successor trustee.
71-1-307 Reconveyance upon performance -- liability for failure to reconvey (1) Upon performance of the obligation secured by the trust indenture, the trustee, upon written request of the beneficiary or servicer, shall reconvey the interest in real property described in the trust indenture to the grantor. If the obligation is performed and the beneficiary or servicer refuses to request reconveyance or the trustee refuses to reconvey the property within 90 days of the request, the beneficiary, servicer, or trustee who refuses is liable to the grantor for the sum of $500 and all actual damages resulting from the refusal to reconvey.
(2) If a beneficiary or servicer has received a notice of intent to reconvey pursuant to 71-1-308 and has not timely requested a reconveyance or has not objected to the reconveyance within the 90-day period established in 71-1-308, the beneficiary or servicer is liable to the title insurer or title insurance producer for the sum of $500 and all damages resulting from the failure.
(3) In an action by a grantor, title insurer, or title insurance producer to collect any sums due under this section, the court shall award attorney fees and costs to the prevailing party.
For use in Montana only.
Our Promise
The documents you receive here will meet, or exceed, the Phillips County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
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Get your Phillips County Substitution of Trustee and Deed of Full Reconveyance - for Trust Indenture/Deed of Trust form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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