reconveyance (Crossword)

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Definitions of “reconveyance”
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• In those states which use deeds of trust as a mortgage on real property to secure payment of a loan or other debt
• Is the lenders action of transferring a property back to a borrower when the borrower completely pays off their mortgage
• (n) Reconveyence is the process by which a title to a property held by a person as trustee or mortgage is returned to the owner on his request

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