Definition of "Reconveyance"

Jeannie Cisneros<br>Email: real estate agent
Jeannie Cisneros
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The transfer of a property deed to the original owner upon the satisfaction of a mortgage. A reconveyance is accomplished through a reconveyance deed. For example, upon making the final payment on his mortgage, the bank holding the mortgage reconveys the property title to John through a reconveyance deed.

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