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What is a deed of reconveyance, and how does it work?
A deed of reconveyance proves you’ve paid off the mortgage on your home.
Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...
A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you've paid off your mortgage. The deed of reconveyance releases the lien the mortgage lender placed on your ...
When you buy a home with a mortgage, the mortgage lender typically holds the property title until the mortgage is paid off. A deed of reconveyance transfers the title of a property from a mortgage ...
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