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Substitution of Trustee and Full Reconveyance State of California Slocounty Ca  Form

Substitution of Trustee and Full Reconveyance State of California Slocounty Ca Form

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hi everybody this is joe from prep agent and today i want to talk about a trustee not everybody needs to know about a trustee because it's used to different degrees in different states so check with your local state to see if it's something you need to know about but if it is something you need to know about let's begin i want to put in very simple terms a very real life example if you will and then we'll take on the more technical terms so first off we've got to remember trust deeds have three parties three parties trust door trustee and beneficiary three parties trustor trustee beneficiary right there's the most important thing you gotta know if you don't know anything else please remember that so who are these people so first off you got the trust door the trust door is some random guy who wants to buy a house he doesn't have enough money so he's walking around says i need money i don't have enough who could i call i know i'll call the bank they'll lend me money they say bank i nee

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