David Saks

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Reconveyance : The Act of Giving Back ?

                                           reconveyance

The reconveyance deed is an instrument used by a trustee to give back a title to a trustor.

When a loan secured by a deed of trust has been satisfied and paid off the lender will contact the trustee on the deed and request that the trustee reconvey, or return the property, with a reconveyance deed to the trustor.

The best policy afterwards is that the reconveyance deed should always be recorded to prevent any problems with the title from rearing their ugly heads.

What experiences have you had with a reconveyance deed?




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • April 29 2008 02:39AM
Reconveyance : The Act of Giving Back
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