voluntary conveyance

voluntary conveyance definition - business

voluntary conveyance

The voluntary transfer of title to real property, generally from a borrower to a lender in order to satisfy the balance due on a defaulted loan.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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