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2018 4.4 Satisfied (52 Votes)
2015 4.9 Satisfied (52 Votes)
2008 4 Satisfied (20 Votes)
2007 4.9 Satisfied (55 Votes)
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The fee is taken at closing and typically paid by the buyer.
When a court reconveys a property, it invalidates a previous transfer due to legal issues or requirements, restoring ownership typically to the original owner. This process may involve compensation for any unjust loss.
In a nutshell, the Substitution of Trustee and Deed of Reconveyance is a legal document that evidences security interest is being release by a lender. In most cases, the document shows that a loan has been paid off. Property owners may even receive this document if they have refinanced a loan.
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