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.
You do not need to hire a lawyer to help you through the steps of conveying real property. All the tiny details can confound you if you try to do it on your own without the proper form. Sometimes there are nuances such as joint tenants with rights or tenants in common. These might sound like the same thing but they are not. Then there are variations such as rights of survivorship.
If a family member wants to transfer property to another member of the family, a gift deed might be needed. This assures the grantee that the property is his or hers even if no money has exchanged hands.