The Public Trustee's Deed is a crucial document in the foreclosure process in certain U.S. jurisdictions. It is specifically used when a property has been sold through a public trustee foreclosure sale, typically after a default on a deed of trust. The document must comply with state-specific requirements and includes essential information such as the property description, sale details, and confirmation of proper foreclosure procedures. Public Trustee's Deeds are particularly common in Colorado, where the public trustee system is well-established, though similar instruments exist in other states under different names.
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1. Deed Title and Date: Official title of document and execution date
2. Parties: Identification of Public Trustee and Grantee
3. Recitals: Background information including foreclosure details and sale information
4. Property Description: Legal description of the property being conveyed
5. Conveyance Language: Formal language transferring the property
6. Execution: Signature block and notarization
1. Special Warranties: Additional warranties or representations, used when required by state law
2. Exception Language: List of exceptions to the conveyance, used when there are existing encumbrances
3. Tax Certificate Reference: Reference to tax certificate if property was sold for taxes
1. Schedule A: Detailed legal description of property
2. Schedule B: List of permitted encumbrances or exceptions
3. Exhibit A: Copy of foreclosure sale certificate or notice
4. Exhibit B: Property tax information or certificates
Relevant legal definitions
Public Trustee
Grantor
Grantee
Property
Deed of Trust
Original Beneficiary
Current Beneficiary
Original Grantor
Notice of Election and Demand
Combined Notice
Sale Date
Certificate of Purchase
Legal Description
Permitted Encumbrances
Purchase Price
Foreclosure Sale
Recording Information
County
State
Effective Date
Original Principal Amount
Book and Page Numbers
Reception Number
Grantor
Grantee
Property
Deed of Trust
Original Beneficiary
Current Beneficiary
Original Grantor
Notice of Election and Demand
Combined Notice
Sale Date
Certificate of Purchase
Legal Description
Permitted Encumbrances
Purchase Price
Foreclosure Sale
Recording Information
County
State
Effective Date
Original Principal Amount
Book and Page Numbers
Reception Number
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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