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.
Crossword clues for reconveyance
Crossword clue ideas and answer hints for the word "reconveyance".
- Returning property to its original owner
- Transferring ownership back after a loan
- Act of giving back property to someone
- Restoring title to the original possessor
- Returning assets after obligations are met
Reconveyance sentence examples
- 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.