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reconveyance

 
Dictionary: Re·con·vey·ance
Home > Library > Literature & Language > Webster 1913

n.

Act of reconveying.

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Business Dictionary: Reconveyance
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Home > Library > Business & Finance > Business Dictionary

Transaction when a Mortgage debt is Retired. The lender conveys the property back to the equity owner, free of the debt.

Real Estate Dictionary: Reconveyance
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Home > Library > Business & Finance > Real Estate Dictionary

Occurs when a Mortgage debt is Retired. The lender Conveys the property back to the Equity owner, free of the debt.
Example: The reconveyance took place after Abel paid off the loan; Abel promptly Recorded the reconveyance Instrument.

Law Encyclopedia: Reconveyance
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Home > Library > Law & Legal Issues > Law Encyclopedia
This entry contains information applicable to United States law only.

The transfer of real property that takes place when a mortgage is fully paid off and the land is returned to the owner free from the former debt.

 
 

 

Copyrights:

Dictionary. Webster 1913 Dictionary edited by Patrick J. Cassidy  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more