reconveyance
Deed back transfer
Reconveyance is the legal transfer of property back to its original owner.
In real estate, a deed of reconveyance releases a lien on property once a mortgage or deed of trust has been paid off: The bank issued a reconveyance after we made the final payment.
The document confirms the borrower now holds clear title.
One who loans money
- borrowerOne who takes temporarily
- loanBorrowed money repaid later
- payoffCulminating benefit received
- satisfactionState of fulfilled desires
discharge · release · redemption · fulfillment · clearance · amortization · refinance · default
Written property conveyance
- certificateFormal written attestation
- instrumentDevice for specific tasks
- releaseTo let go
- satisfactionState of fulfilled desires
discharge · recording · notarization · registry · acknowledgment · documentation · trustee · beneficiary
Hindrance or legal claim
- lienClaim securing debt
- clearancePermitted passage or approval
- releaseTo let go
- cloudAtmospheric water vapor mass
quiet · marketable · insurable · defect · abstract · chain · search · insurance
lender
One who loans money
satisfaction · discharge · release · redemption · fulfillment · clearance · amortization · refinance · default · foreclosure
deed
Written property conveyance
- certificateFormal written attestation
- instrumentDevice for specific tasks
- releaseTo let go
satisfaction · discharge · recording · notarization · registry · acknowledgment · documentation · trustee · beneficiary · escrow
encumbrance
Hindrance or legal claim
cloud · quiet · marketable · insurable · defect · abstract · chain · search · insurance · guarantee
real estate
Land and its structures
- trust deedProperty-backed loan document
- collateralSecurity for debt
- equityImpartial treatment or ownership value
appraisal · parcel · land · homeowner · secured · asset · estate · holding · dwelling · residential
reconveyanceforeclosure
Lender seizes mortgaged property
default · repossession · forfeiture · short sale · dispossession
convey, conveyance, conveyor, conveyer, conveyancing, conveyable, conveyancer, conveyancers, reconveyed