Definitions for "SUBSTITUTION OF TRUSTEE"
a written document that appoints a successor trustee to the trustee named in the deed of trust, (or present trustee). This document must be acknowledged by a notary public and recorded with the county recorder in the county in which the property is located.
A written document by which one trustee is appointed in place of another.
A document signed by the lender and recorded by the trustee whereby the beneficiary appoints a successor trustee to the trustee of record.