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reconveyance | Wex | US Law | LII / Legal Information Institute
reconveyance refers to the transfer of title to real estate from a creditor to the debtor when a loan secured by the propertyi.e. mostly likely a mortgage
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new irs rulings approve rescission transactions that change
by SI Banoff 2006 Rul. 80-58, the Service was asked to rule on the federal income tax consequences of a reconveyance to a taxpayer of property previously.
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Full Reconveyance
When a deed of trust/mortgage is paid in full, you can record a Full Reconveyance from the trustee stating publicly that the loan has been paid. The Full
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