reconveyance Definition
- 1the transfer of property back to the original owner or to a new owner after a mortgage or other lien has been paid off
- 2the act of conveying something back
Using reconveyance: Examples
Take a moment to familiarize yourself with how "reconveyance" can be used in various situations through the following examples!
Example
The reconveyance of the property was completed after the mortgage was paid off.
Example
The bank issued a reconveyance deed to the new owner of the property.
Example
The reconveyance process can take several weeks to complete.
reconveyance Synonyms and Antonyms
Synonyms for reconveyance
- transfer
- conveyance
- handover
Summary: reconveyance in Brief
Reconveyance [ree-kuh n-vey-uh ns] refers to the transfer of property back to the original owner or to a new owner after a mortgage or other lien has been paid off. It is also used to describe the act of conveying something back. Examples of its usage include 'The reconveyance of the property was completed after the mortgage was paid off.' and 'The reconveyance process can take several weeks to complete.'
