what is a deed of reconveyance
Paying off your mortgage calls for celebration, as well as a Deed of Reconveyance, which proves that you've fully repaid your property loan, or mortgage. A Deed of Reconveyance is the last step to homeownership, as it is the document which confirms your fulfillment of the loan, and your ownership of the property. Use the Deed of Reconveyance document if: 1  You just made your last mortgage payment.  You lent someone money to buy a house, and they've repaid you in full.