CA Deed - Deed in Lieu of Foreclosure

RECORDING REQUESTED BY

 AND WHEN RECORDED MAIL TO

NAME
ADDRESS

CITY
STATE & ZIP

TITLE ORDER NO.                                              ESCROW NO.                                                     APN NO.

                                                          DEED IN LIEU OF FORECLOSURE                                                          

THE UNDERSIGNED GRANTOR(s) DECLARE(s)

The Grantee named herein is/was the foreclosing Beneficiary

The amount of the unpaid debt together with cost is $__________________________

The amount paid by the Grantee is $_____________________________

DOCUMENTARY TRANSFER TAX is $_____________________________ CITY TAX $______________________________

  Unincorporated area:     City of __________________________________________________________, and

FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
 

hereby GRANT(s) to
 

the following described real property in the County of _________________________ State of California:

See Exhibit “A” is attached hereto and made a part hereof

Dated______________________________________                  ____________________________________________   

                                                                                                           ____________________________________________

State of California

County of ____________

On __________________before me,________________________________________________________, Notary Public, personally appeared ________________________________________________________________________________, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature ____________________________________________ (Seal)

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This page must be recorded with Deed in Lieu of Foreclosure

RECITAL FOR DEED IN LIEU OF FORECLOSURE

“THIS DEED IS AN ABSOLUTE CONVEYANCE, THE GRANTOR HAVING SOLD THE LAND TO THE GRANTEE FOR A FAIR AND ADEQUATE CONSIDERATION, SUCH CONSIDERATION, IN ADDITION TO ANY ABOVE RECITED, BEING FULL SATISFACTION OF ALL OBLIGATIONS SECURED BY DEED OF TRUST EXECUTED BY _______________________________________________________, AS TRUSTOR, ________________________________________________________, AS TRUSTEE RECORDED ON ________________________ AS INSTRUMENT NO. _________________, OFFICIAL RECORDS OF _____________________ COUNTY, STATE OF CALIFORNIA.
 

GRANTOR DECLARES THAT THIS CONVEYANCE IS FREELY AND FAIRLY MADE, AND THAT THERE ARE NO AGREEMENTS, ORAL OR WRITTEN, LTHER THAN THIS DEED BETWEEN GRANTOR AND GRANTEE WITH RESPECT TO THE LAND.”