All you need to know is that any time you make a change in your real estate status, you need a real estate deed of one type or the other for the transaction to be valid. Deeds are needed even if you are not buying or selling property. If you add or delete a name from the title, you need a new deed. However, you cannot just delete a name from a deed without that persons permission. They have to agree to be removed from the deed, sign the deed, and have their signature notarized.
A release deed or a deed of reconveyance is held by a trustee under a deed of trust loan and when the loan is repaid, it releases (or conveys) the deed back to the grantor.
Lets take a look at the types of such documents that you might encounter in a real estate transaction. These are all forms of real estate deeds. The choice of the proper document depends on the type of real estate transaction.
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