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What is a deed of reconveyance Arizona?

A deed of reconveyance is a legal document that indicates the transfer of a propertys title from lender to borrower. The deed of reconveyance is typically issued after the borrower has paid off their mortgage in full.

What does a full reconveyance mean?

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 Reconveyance Form is completed and signed by the trustee, whose signature must be docHubd.

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 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.

Who files a reconveyance deed?

A deed of reconveyance is issued to borrowers once a mortgage loan has been paid in full. The document is created by the lender, is docHubd, includes a legal description of the property, and is recorded in the county where the property is located.

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