Examples of Foreclosure reconveyance in a sentence

The term of this Agreement shall extend from February 1, 2014 to June 30, 2014 on an “as-needed” basis, unless this Agreement is terminated as provided herein.
Foreclosure reconveyance transactions occur partly because these deals almost never involve cash investment by the “purchaser” in the foreclosed property.

More Definitions of Foreclosure reconveyance

Foreclosure reconveyance means a transaction involv- ing all of the following:

Foreclosure reconveyance means a transaction involving all of the following: a. The transfer of title to real property by an owner during a foreclosure proceeding, forfeiture proceeding, or tax sale, either by transfer of interest from the owner or by creation of a mortgage or other lien or encumbrance during the foreclosure, forfeiture, or tax sale process that allows the acquirer to obtain title to the property by redeeming the property as a junior lienholder. b. The subsequent conveyance, or promise of a subsequent conveyance, of an interest back to the owner by the acquirer or a person acting in participation with the acquirer that allows the owner to possess either the residence in foreclosure or any other real property, which interest includes but is not limited to an interest in a contract for deed, purchase agreement, option to purchase, or lease.

Foreclosure reconveyance means a transaction

Foreclosure reconveyance means a transaction that involves both of the following:

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.

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.

Foreclosure reconveyance shall have the same meaning as proscribed by MD Code Real Property  7-301 (f), and shall mean a transaction involving: i. The transfer of title to real property by a homeowner during or incident to a proposed foreclosure proceeding, either by transfer of interest from a 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 acquirer to obtain legal or equitable title to all or part of the property; and ii. 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.