In California, when a borrower finishes paying off a home loan, the trustee files the deed of reconveyance to record full repayment of the loan, clearing the title to the property, which was held as collateral, and turni... More »

A substitution of trustee and full reconveyance is a combined document that allows lenders to appoint new trustees who then release liens held against properties, states the Office of the Clerk Recorder at the County of ... More »

Investopedia explains that "full reconveyance" occurs when a deed of reconveyance is issued by a mortgage holder, indicating that the borrower is released from his mortgage debt. Full reconveyance is issued when a borrow... More »

A deed of reconveyance is an official document issued by a mortgage lender that transfers the property title of a home to the borrower from the lender and releases the borrower from the debt associated with the mortgage,... More »

A title loan is a short-term loan in which the borrower offers the lender the title to a vehicle as collateral for a loan; in the case of a motorcycle title loan, the borrower offers the lender the title to a motorcycle ... More » Business & Finance Credit & Lending

A home equity loan allows a homeowner to receive a cash payment in return for a stake in the value of a specific property. This value is equal to the difference between a property's market value and the remaining mortgag... More » Business & Finance Credit & Lending

A lien release is what happens when a party with an interest in a property, such as a bank that holds a mortgage loan on a house, frees the borrower from any further repayment obligation, according to The Law Dictionary.... More »