What is RECONVEYANCE DEED? How to register RECONVEYANCE DEED?
The RECONVEYANCE DEED refers to a document that transfers the title of a property to the borrower from the bank or mortgage holder once a mortgage is paid off ----------- Once the full and final settlement of dues is paid in respect of MEMORANDUM OF DEPOSIT OF TITLE DEED (MODT) , the bank will issue following documents, stating that dues have been cleared and request to proceed Reconveyance deed No Objection Certificate (NOC) Reconveyance deed Title Deed The NOC looks like the below image on bank’s letterhead: RECONVEYANCE DEED looks like below image: TITLE DEED is the list of documents that you handed over to bank at the time of MODT registration, Bank will hand back those documents. TITLE DEED includes your registered deed. ----------------------------- The next step is to register Reconveyance Deed in sub-registrar office: For your better understanding, let me give a real example that how I registered Reconveyance Deed of my property in sub-registrar office, On 13th January 2016 ,