noun
- the legal transfer of property back to a previous owner or to another party
- a document that records the transfer of property back to the original owner, especially when a mortgage is paid off
Usage: legal
Usage: legal; real estate
Examples
- The bank issued a reconveyance after the homeowner paid off the mortgage.
- The reconveyance document was filed with the county recorder’s office.
- Without the proper reconveyance, the property title remained unclear.
- The attorney prepared the reconveyance to transfer the land back to the original owner.
- The reconveyance process took several weeks to complete.
- She requested a copy of the reconveyance for her records.