Oregon Substitution of Trustee and Deed of Reconveyance (For Deed of Trust / Trust Deed)

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About the Oregon Substitution of Trustee and Deed of Reconveyance (For Deed of Trust / Trust Deed)

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How to Use This Form

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Have the document notarized if required
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In this form the beneficiary/lender changes the trustee (independent third party) then the new trustee reconveys the Deed of Trust or Trust Deed.

((1) Within 30 days after performance of the obligation secured by the trust deed, the beneficiary shall deliver a written request to the trustee to reconvey the estate of real property described in the trust deed to the grantor. Within 30 days after the beneficiary delivers the written request to reconvey to the trustee, the trustee shall reconvey the estate of real property described in the trust deed to the grantor. In the event the obligation is performed and the beneficiary refuses to request reconveyance or the trustee refuses to reconvey the property, the beneficiary or trustee so refusing shall be liable as provided by ORS 86.140 (Liability of mortgagee for failure to discharge mortgage) in the case of refusal to execute a discharge or satisfaction of a mortgage on real property. The trustee may charge a reasonable fee for all services involved in the preparation, execution and recordation of any reconveyance executed pursuant to this section.)
(ORS 86.720 Reconveyance upon performance)

Who can be a Trustee? Under ORS 86.713 Qualifications of trustee

(A) An attorney who is an active member of the Oregon State Bar or a law practice that includes an attorney who is an active member of the Oregon State Bar;

(B) A financial institution or trust company, as defined in ORS 706.008 (Additional definitions for Bank Act), that is authorized to do business under the laws of Oregon or the United States;

(C) A title insurance company or a subsidiary, affiliate, insurance producer or branch of the title insurance company that is authorized to insure title to real property in this state;

(D) The United States or any agency of the United States; or

(E) An escrow agent that is licensed under ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts).

(Oregon SOT&DOR Package includes form, guidelines, and completed example)

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

What Others Like You Are Saying

— Archie POA G.

"got what I ordered, as expected, in good time"

— James M.

"Clear and easy instructions! Prompt notices of steps and status. Great job! I wish all counties in a…"

— Richard L.

"Service was very convenient; I received prompt assistance with my document - staff was very helpful."

— John L.

"Everything worked great. I hope I can get back to the document if I need to make changes. Thanks, Jo…"

— Michael D.

"Your Guide is very good but does not explain precisely where one can find the Instrument Number for …"

Common Uses for Substitution of Trustee and Deed of Reconveyance (For Deed of Trust / Trust Deed)

Subordinate an existing mortgage to a new loan
Record a satisfaction of mortgage with the county
Document the satisfaction or payoff of a mortgage
Record a deed of trust to secure a promissory note
Record evidence that a construction loan has been satisfied
Release a property from a deed of trust after loan payoff

Compare other Oregon deed forms and documents

Quitclaim Deed Gift Deed Warranty Deed Special Warranty Deed Bargain and Sale Deed Correction Deed Easement Deed Termination of Easement Mineral Deed Mineral Deed with Quitclaim Covenants Trust Deed and Promissory Note Deed of Full Reconveyance Assignment of Trust Deed by Beneficiary or Successor in Interest Land Sales Contract Memorandum of Land Sale Contract Full Release of Memorandum of Land Sale Contract Durable Power of Attorney Special Power of Attorney for the Purchase of Property Special Power of Attorney for the Sale of Property Notice of Pendency / Lis Pendens Release of / Pendency of an Action / Lis Pendens Transfer on Death Deed Transfer on Death Revocation Transfer on Death Affidavit of Survivorship Affidavit of Surviving Joint Tenant Trustee Deed Personal Representative Deed Notice of Completion Notice of Right to Lien Claim of Lien Conditional Lien Waiver on Progress Payment Unconditional Lien Waiver on Progress Payment Conditional Lien Waiver on Final Payment Unconditional Lien Waiver on Final Payment Disclaimer of Interest Certificate of Trust

Important: County-Specific Forms

Our substitution of trustee and deed of reconveyance (for deed of trust / trust deed) forms are specifically formatted for each county in Oregon.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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