Release of Deed of Trust
*Important Policy Update
As of May 1, 2023, the Grand County Public Trustee's Office will no longer accept physical, paper filings for Release of Deed of Trust WITHOUT Production for Qualified Holders. Please see Release of DOT Policy on how to properly comply with this policy change.
A Release of Deed of Trust is a document signed and executed by the current beneficiary of a Deed of Trust. The release form is submitted to the Public Trustee's Office in the county in which the property is located. The purpose of the release is to remove all or a portion of the lien created by the Deed of Trust. For more information visit the Colorado State Statute web site.
Holders submitting a Request for Release of Deed of Trust WITHOUT Production can submit the form with all the required information/documents using one of the following approved systems:
801-223-1052 or 800-460-5657
|Recording - first page
|Recording - each additional page
|Public Trustee Fee
Make checks payable to Grand County Public Trustee.
Processing a Release of Deed of Trust
The Public Trustee's Office must have three items submitted in order to begin processing a Release:
1. Request for Release of Deed of Trust
Click on the appropriate link below to print a blank form.
When filling out the form, please completely fill in all parts before "Release of Deed of Trust" at bottom of release form. Make sure one of the boxes (Full or Partial) is checked at the top of each Release of Deed of Trust form. For Requests for Releases WITH Production, place a return address on the top front of the release so it can be sent back after recording. Include a self-addressed stamped envelope for the return of the recorded Request for Release of Deed of Trust form; provide a FedEx/UPS/USPS with tracking label for the Original Note and/or Deed of Trust so that it can be returned.
2. Original Promissory Note
If you have the original evidence of debt (Note) use the full or partial Request for Release of Deed of Trust WITH Production. For full releases the note must be marked "Paid in Full," signed and dated by all the holder(s) of the note. Original Note must be presented with the form.
If you do not have the original evidence of debt and you are one of the entities described in C.R.S. 38-39-102(3.5)(b), such as a Federal Housing Administration Approved Mortgage, a Colorado State Bank, a National Bank, a Colorado chartered Credit Union, a Federally chartered Credit Union, or a Title Insurance Company licensed and qualified in Colorado, you may use the full or partial Release of Deed of Trust WITHOUT Production of Evidence of Debt.
If you are a private lender, you may submit a Release WITHOUT Production of Evidence if you electronically file it.
3. Recorded Deed of Trust
This document does not need to be the original. A legible, recorded copy is acceptable.
For Releases WITH Production only, please submit to our office the above-mentioned documents and fees along with a self-addressed envelope and we will execute your release. Releases can be dropped off or mailed to our office located at 308 Byers Ave, PO Box 288, Hot Sulphur Springs, CO 80451. If you have any questions, please contact us at (970)725-3061.
If there is a discrepancy in any of the information between the Deed of Trust and the Promissory Note, a notarized affidavit explaining the discrepancy must be presented with the Release of Deed of Trust WITH Production of Evidence. This document must be signed and notarized by the beneficiary.
If the original evidence of debt is lost, the holder of the note may present a corporate security bond [CRS 38-39-102(b)(I)] issued by a company authorized to issue such bonds in Colorado as a substitute for the note and mark 3B on the Release WITHOUT Production. We will retain the original bond with a copy of the Release and Power of Attorney, if applicable, in our permanent records. We will record a copy of the bond and POA with the Release which will cost $5 for each additional page.