Who has the burden of proof on an old deed of trust that hasn't been reconveyed?
Back in the 1984, my parents must have taken out a loan secured by a deed of trust on their property. They have since passed away, and I can't find any information on this transaction - no reconveyance, no cancelled checks - nothing.
If I contact the individual to request a reconveyance, isn't it possible that they may say my parents owe them money, and they want it now?
I am quite certain nobody's been knocking down my parents door for money.
Could you please provide me with a bit of advice?
Thank you very much.
The debtor has the burden of proof in proving that the underlying obligation has been satisfied if they want a reconveyance or if they must file an action to quiet title.
In other words, if you can't prove the loan/lien was paid, the money is still owed if the lender demands it.