reconveyance


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reconveyance

When a mortgage debt is retired,the lender conveys (transfers) the property back to the borrower in a title state.

References in periodicals archive ?
EO 179 requires the inventory and privatization, and reconveyance in favor of the government of all coconut levy assets, including, but not limited to, the shares of stock in the United Coconut Planters Bank (UCPB), Coconut Industry Investment Fund (CIIF) Companies and CIIF Holding Companies, and the 5,500,000 San Miguel Corporation (SMC) shares registered in the name of the Presidential Commission on Good Government (PCGG) as arbitration fee, within 60 days from its effectivity.
Cal-Western Reconveyance Corporation, to Aurora Loan Services LLC; 2880 Blacktail Dr, Eugene, 97405; $970,907.
Reconveyance of access rights could also occur when access is permitted for a new use, perhaps with mitigation required, such as a turn lane or traffic signal.
Indiana's new law, sponsored by Senator John Broden, allows homeowners to rescind contracts with foreclosure consultants and foreclosure reconveyance agreements.
The trust is remedial in the sense that the only obligations imposed on the recipient are to reconvey the property to T (or to the replacement T) and to preserve the property pending reconveyance.
The Sacramento-based California Building Industry Association and the Los Angeles-based California Association of Realtors are squabbling over what the former calls a reconveyance financing mechanism and the latter a private transfer tax.
181, in which the taxpayer had an obligation to accept reconveyance of the land if buyer was unable to obtain rezoning of the land rezoned for business purpose.
The Governor may also approve conveyance of land "to an authorized, recognized religious society, of sufficient land for erection thereon of a church, or dwelling house for the pastor, or both; provided, that the reconveyance and retransfer of such land shall be to native Samoans only and in the discretion and upon the approval of the Governor.
46) a surety claimed that a creditor's reconveyance of a deed of trust to borrowers, after the borrowers paid the amount necessary to avoid foreclosure, impaired its subrogation rights.
57) Reconveyance to D was "the very relief requested by the plaintiffs in their underlying action based on a fraudulent conveyance.
71) There is no clear reason why notification alone should impose specific liability that lingers beyond a reconveyance.
section] 1632 is entitled "Statute of limitations on decisions of Secretary and reconveyance of land by Village Corporation.