Property Ownership
In New Mexico, a 'reconveyance deed' is executed when:
AProperty is sold at auction
BA deed of trust loan is fully repaid and the trustee releases the property back to the borrower✓ Correct
CA property is rezoned
DMineral rights are severed from the surface
Explanation
When a deed of trust loan is paid off, the trustee executes a reconveyance deed (deed of reconveyance) that transfers legal title back to the trustor/borrower, clearing the lien from the title.
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