Yancey County Appointment of Substitute Trustee Form

Additional North Carolina and Yancey County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Yancey County

Properties in any of these areas use Yancey County forms:

• Burnsville
• Green Mountain
• Micaville

---

In a Deed of Trust, the trustee is an independent third party who holds conditional title on behalf of the lender for the purpose of either reconveying the property back to the borrower after the loan is repaid or selling the property if the borrower defaults on the loan. Trustee's can be replaced for many reasons, incapacity, incompetency, death, etc. Often a lender will substitute a trustee with a firm or corporation that will be conducting a foreclosure.

NCG 45-10. States:
In addition to the rights and remedies now provided by law, the noteholders may, in their discretion, substitute a trustee whether the trustee then named in the instrument is the original or a substituted trustee or a holder or owner of any or all of the obligations secured thereby, by the execution of a written document properly recorded pursuant to Chapter 47

This form is executed by the beneficiary/lender for the substitution of a trustee, it includes an optional foreclosure clause if needed for that purpose.

(North Carolina AOST Package includes form, guidelines, and completed example)

Important: Your property must be located in Yancey County to use these forms. Documents should be recorded at the county recording office listed above.

This Appointment of Substitute Trustee meets all recording requirements specific to Yancey County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Yancey County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Yancey County Appointment of Substitute Trustee 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.

4.8 out of 5 - ( 4,825 Reviews )