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When you sell your home, the reconveyance deed is evidence that the property has a clear title, meaning it’s free from any outstanding mortgages or other liens or claims. Without the ...
If repaid on time, the lender would reinvest title using a reconveyance deed. This was the mortgage by conveyance (aka mortgage in fee) or, when written, the mortgage by charter and reconveyance [8] and took the form of a feoffment, bargain and sale, or lease and release. Since the lender did not necessarily enter into possession, had rights of ...
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
The borrower's equitable title normally terminates automatically by operation of law (under applicable statutes or case law) at the trustee's sale. The trustee then issues a deed conveying the legal and equitable title to the property in fee simple to the highest bidder. In turn, the successful bidder records the deed and becomes the owner of ...
Location of Quay County in New Mexico. This is a list of the National Register of Historic Places listings in Quay County, New Mexico. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Quay County, New Mexico, United States. Latitude and longitude coordinates are provided for ...
Feb. 6—Tenth Judicial District Judge Albert J. Mitchell Jr. retired effective Friday, about one month earlier than his previously announced retirement date. Barry Massey, public information ...
Tucumcari (/ ˈ t uː k ə m ˌ k ær iː /; TOO-cum-carry) is a city in and the county seat of Quay County, New Mexico, United States. [5] The population was 5,278 at the 2020 census . [ 6 ] Tucumcari was founded in 1901, two years before Quay County was established.
Quay County (/ ˈ k w eɪ /) is a county in the state of New Mexico. As of the 2020 U.S. census, the population was 8,746. [2] Its county seat is Tucumcari. [3] The county was named for Pennsylvania senator Matthew Quay, who supported statehood for New Mexico. [4] Its eastern border is the Texas state line, approximately 103.04 degrees west ...
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