In real estate finance, a reconveyance deed is a legal instrument used to transfer title from a trustee back to the equitable owner of real property. It is issued when the obligation secured by a deed of trust has been fully satisfied.
Once the loan is paid in full, the trustee executes and records the reconveyance deed to release the security interest and clear the lien from the property. This document confirms that the borrower has fulfilled the debt and holds title free of the trust deed.
