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reconveyance
(redirected from reconvey)

    Also found in: Dictionary/thesaurus, Legal 0.01 sec.
reconveyance

When a mortgage debt is retired,the lender conveys (transfers) the property back to the borrower in a title state.
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When a previously imposed access control is no longer necessary because of changes in traffic management, a road authority may be willing to reconvey access rights previously purchased.
Value implications of current trends in road access management by Hoell, Sue L. / Appraisal Journal
An alternative approach to establishing affirmative asset partitioning without organizational law might be to transfer ownership of those assets to the manager(s) of the business, subject to a contractual commitment by the manager, acting as agent for the owners, to manage the assets for the exclusive benefit of the owners and to reconvey the assets to the owners under appropriate circumstances.
The Essential Role of Organizational Law by Hansmann, Henry; Kraakman, Reinier / Yale Law Journal
When HUD wanted to reconvey the property, the servicer claimed it was being maintained.
The claims game by Cook, David K. / Mortgage Banking
 
 
 
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