Get a blank Deed of Trust to Secure Assumption form. Go to a local office supply store to get the blank form for your state.
Write in the buyer's name and address on the space for the "grantor." In this case, the grantor is the person receiving ownership interest.
Write in the current owner's name and address on the space for the beneficiary. The beneficiary is the person who took the home loan out but is now selling.
Fill out the trustee's name and address. Use the original deed of trust as reference.
Fill out the home loan information in the assumption section. You need the original loan amount, the original and current lender -- if the loan was assigned -- the date the loan was made, and the recording information for the original deed to the beneficiary and the original deed of trust.
Copy the property description from the original deed of trust on the form in the spot for the description. The description is the land measurements of the real estate in words.
Take the deed of trust assumption form to a notary public. The beneficiary must sign with a notary present so the signature is notarized.
File the assumption deed of trust in the property's county land records. Ask for a copy for reference.