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What does it mean to Reconvey a deed?

Reconveyance means the return of title to the original owner. Most commonly arises in the context of reconveyance of real estate deedsalso referred to as deed of reconveyance.

What is the difference between deed of trust and deed of reconveyance?

A Deed of Reconveyance is documentation that the debt secured by a Deed of Trust (a document that allows a third-party to hold the title to a property until it is completely paid for) has been fully paid.

What is the difference between a release and a reconveyance?

Note that deeds of release and reconveyance can work together, as the former removes the previous claim (the mortgage) from the property, while the latter actually transfers the title of the property to the borrower.

What do you do with a reconveyance deed?

A deed of reconveyance refers to a document that transfers the title of a property to the borrower from the bank or mortgage holder once a mortgage is paid off. It is used to clear the deed of trust from the title to the property.

Is reconveyance the same as deed of trust?

A Deed of Reconveyance is documentation that the debt secured by a Deed of Trust (a document that allows a third-party to hold the title to a property until it is completely paid for) has been fully paid.

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