Foreclosure reconveyance definition

Foreclosure reconveyance means a transaction involving:
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Foreclosure reconveyance means a transaction involving all of the following:
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Foreclosure reconveyance means a transaction involving both of the following:
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Examples of Foreclosure reconveyance in a sentence

  • Foreclosure reconveyance transactions occur partly because these deals almost never involve cash investment by the “purchaser” in the foreclosed property.

  • Foreclosure reconveyance transactions involve the transfer of title from the homeowner in foreclosure to a “purchaser” and an alleged second transfer, or reconveyance, of an ownership interest back to the homeowner.


More Definitions of Foreclosure reconveyance

Foreclosure reconveyance means a transaction involv- ing all of the following:
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Foreclosure reconveyance means a transaction that involves both of the following:
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Foreclosure reconveyance shall have the same meaning as proscribed by MD Code Real Property  7-301 (f), and shall mean a transaction involving:
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Foreclosure reconveyance means a transaction involving: (A) The transfer of title to real property by a homeowner during or incident to a proposed foreclosure proceeding, either by transfer of interest from the homeowner to another party or by creation of a mortgage, trust or other lien or encumbrance during the foreclosure process that allows the acquirer to obtain legal or equitable title to all or part of the property; and (B) the subsequent conveyance, or promise of a subsequent conveyance, of an interest back to the homeowner by the acquirer or a person acting in participation with the acquirer that allows the homeowner to possess the real property following the completion of the foreclosure proceeding, including an interest in a contract for deed, purchase agreement, land installment sale, contract for sale, option to purchase, lease, trust or other contractual arrangement.
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Foreclosure reconveyance means a transaction
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Foreclosure reconveyance means a transact ion involving: (1) the transfer of title to real property by a foreclosed homeowner during a foreclosure proceeding, either by a transfer of interest from the foreclosed homeowner or by the creation of a mortgage or other lien or encumbrance during the foreclosure process; and (2) the subsequent conveyance, or promise of a subsequent conveyance, of an interest back to the foreclosed homeowner by the acquirer or a person acting in participation with the acquir er that allows the foreclosed homeowner to possess either the residence in foreclosure or ot her real property, which interest includes an interest in a land contract, purchase ag reement, option to purchase, or lease.
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Related to Foreclosure reconveyance

  • Conveyance shall have the meaning specified in Subsection 2.01(a).

  • Foreclosure means the process by which a property, placed as security for a real estate loan, is sold at auction to satisfy the debt if the trustor (borrower) defaults.

  • Public conveyance means a conveyance that the public or a portion of the public has access to and a right to use for transportation, including an airline, railroad, bus, boat, or other public conveyance.

  • Financing Statements The meaning specified in Section 9-102(a)(39) of the UCC.

  • Financing Statement means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement.

  • Deed means a quitclaim deed(s) substantially in the form set out in the attached Exhibit C.

  • Assignment of Leases and Rents With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Obligor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, whether contained in the Mortgage or in a document separate from the Mortgage, in the form that was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter in accordance with the Credit and Collection Policy.

  • conveyancer means the conveyancer described at paragraph 6 of the Schedule;

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Fraudulent Conveyance means a fraudulent conveyance under Section 548 of Chapter 11 of Title II of the Bankruptcy Code or a fraudulent conveyance or fraudulent transfer under the applicable provisions of any fraudulent conveyance or fraudulent transfer law or similar law of any state, nation or other governmental unit, as in effect from time to time.

  • UCC Financing Statements means collectively the Lender Financing Statements and the Lessor Financing Statements.

  • Assignment of Claims Act means the Assignment of Claims Act of 1940 (41 U.S.C. Section 15, 31 U.S.C. Section 3737, and 31 U.S.C. Section 3727), including all amendments thereto and regulations promulgated thereunder.

  • Conveyance Date means the date of a Conveyance, as specified in the applicable Purchase Notice or Notice of Substitution.