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reconveyancen. in those states which use deeds of trust as a mortgage on real...
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reconveyance1714; see re- + conveyance.
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reconveyanceThe transfer of real property from the buyer back to the original owner.
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reconveyanceThe transfer of title to real estate from a lender to the buyer when a loan secured by the property is paid off. A trustee (commonly a title or escrow company) usually holds title for the lender and h [..]
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reconveyanceDefinition The transferring of a title back to its previous owner.
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reconveyanceThe transfer of property back to the owner when a mortgage is fully repaid.
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reconveyanceWhen a mortgage is paid off in full, the lender conveys the property back to the owner.
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reconveyanceThe official transfer of the property title after the mortgage has been paid in full.
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reconveyanceReconveyance is a term used in some states which use deeds of trust as a mortgage on real property to secure payment of a loan or other debt. A deed of reconveyance is used in conjunction with a deed [..]
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reconveyance The transfer of the title of land from one person to the immediate preceding owner. This instrument of transfer is commonly used to transfer the legal title from the trustee to the trustor after a deed of trust has been paid in full.
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reconveyanceA document extinguishing the lien of a Deed of Trust after payment in full of the note. A Satisfaction of Mortgage is issued by a lender upon final payment of the note, and a Deed is issued by the hol [..]
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reconveyancetransfer of title from the trustee back to the real owner of property; occurs when a loan has been paid in full; releases the trustor (borrower) from any further liabilities for that debt
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