The Bond Exchange & Insurance Agency
Strategic Surety Solutions

Lost Instrument or Lost Trust Deed

Surety Solutions for Attorneys and Agents

The Bond Exchange writes all surety bonds in the U.S. and internationally, and specializes in Lost Trust Deed or Lost Instrument bonds.  We offer:

  • Prices as low as 1% bond amount

  • No credit check for bonds under $100,000

  • Access to numerous surety markets

  • Detailed and accurate document preparation

  • Compliance with statutory regulation and procedures

  • All situations considered (i.e. unpaid notes, successor trustor, foreclosure, etc.)

CALIFORNIA LOST TRUST DEED PROMISSORY NOTE BOND

The Bond Exchange assists buyers/sellers, attorneys, escrow, title, servicers, and real-estate agents secure a Lost Trust Deed or Lost Instrument corporate surety bond compliant with state statute.

A Lost Trust Deed bond in California is a financial guarantee to the obligee to clear title from a lost or improperly reconveyed deed of trust. It is used in various real-estate transactions under the following conditions:

  • When the obligation secured by a mortgage/deed of trust has been fully satisfied and the present mortgagee/beneficiary of record cannot be located after a diligent search.

  • When the original beneficiary refuses to execute and deliver a proper certificate of discharge or request for re-conveyance.

  • When a specified balance remains outstanding on the property report and the mortgagor/trustor/successor cannot (after a diligent search) locate the mortgagee/ beneficiary of record, the lien of any deed of trust shall be released.

Links to California Code, Civil Code - CIV § 2941.7:

  • https://codes.findlaw.com/ca/civil-code/civ-sect-2941-7.html

  • https://law.justia.com/codes/california/2011/civ/division-3/2920-2944.7/2941.7/

NATIONWIDE LOST INSTRUMENT BOND

We issue Lost Instrument bonds in all U.S. states where applicable, and can be used to provide financial guarantee from the reissuing or reconveyance of lost documents, such as stock and bond certificates, promissory notes, and other financial instruments.

For More Information Contact:

Alex Holsheimer | (949) 409-9719 | alex@suretybondex.com

 

Questions?

Please complete the form below with an overview of your surety needs and a member of our team will promptly reach out to help you.