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  2. Deed of reconveyance: What it is and how it works - AOL

    www.aol.com/finance/deed-reconveyance-works...

    It represents the transfer of ownership from your mortgage lender to you. Over the time you repaid your mortgage, you legally owned the property, but the lender held the mortgage lien , or claim ...

  3. Title (property) - Wikipedia

    en.wikipedia.org/wiki/Title_(property)

    Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality. Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon ...

  4. Recorder of deeds - Wikipedia

    en.wikipedia.org/wiki/Recorder_of_deeds

    Portrait of Frederick Douglass in the D.C. Recorder of Deeds Building. Frederick Douglass was the first recorder of deeds for the District of Columbia.. Recorder of deeds or deeds registry is a government office tasked with maintaining public records and documents, especially records relating to real estate ownership that provide persons other than the owner of a property with real rights over ...

  5. Grant deed - Wikipedia

    en.wikipedia.org/wiki/Grant_deed

    This assures grantee there are no legal claims to the property by third parties, and no taxes are owed on the property that would restrict its sale. Some jurisdictions use the warranty deed to transfer real property instead of the grant deed. The warranty deed adds the additional guarantee that the grantor will defend the title against any ...

  6. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    A foreclosure and a deed in lieu have one main thing in common: In either situation, the lender takes full ownership of a property from a homeowner who hasn’t made their mortgage payments.

  7. Transferring a mortgage: How it works - AOL

    www.aol.com/finance/transferring-mortgage-works...

    For these mortgage transfers to work, the new borrower needs to be added to the property’s deed, the deceased owner needs to be removed from the deed or a spouse relinquishing ownership must ...

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