reconveyance in a sentence
n.
📚 Grade Level: Grade 10, Grade 11, Grade 12
Definition
Reconveyance is the act of transferring property back to the original owner after the fulfillment of a loan or obligation.
Sample Sentences
- The bank completed the reconveyance of the property after the loan was fully paid off.
- After the final payment was made, the reconveyance document was filed with the county recorder.
- She felt a sense of relief when she received the reconveyance of her family's home.
- The reconveyance process ensures that the borrower regains full ownership of the property.
- Understanding the terms of reconveyance is crucial for anyone taking out a mortgage.