deed of reconveyance
deed of reconveyance
A method of extinguishing lender's rights in real property in a state that uses the deed of trust procedure rather than the mortgage procedure.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive
29, 1995,
deed of reconveyance placed the sole responsibility on Bradco to pay the taxes.
Then, on 17 January 2017, the full
Deed of Reconveyance releasing the Deed of Trust on the acquired property was recorded and the company is now in full ownership and has no further liability with respect to this acquisition.
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