The Real Estate Encyclopedia
What Is Reconveyance?
Category - Mortgage Questions - Refinancing FAQ's

Reconveyance is the act of conveying title in property back to the original owner.  Under a deed of trust, the trustor (borrower/mortgagor) conveys title to a third party trustee as security for a debt.  When the debt is paid off, the property is then reconveyed by the trustee to the trustor by means of a reconveyance deed. 

 
Category(s)
Mortgage Questions - Refinancing FAQ's
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