Reconveyance Deed Legal Draft Template

This Indenture made

at ..................... this ..................... day of

...................., 2000, between A, son of .................... resident of

..................... hereinafter called the Mortgagee of the ONE PART and B,

son of ..................... resident of ...................... hereinafter

called the Mortgagor of the OTHER PART.Whereas the Mortgagor

mortgaged in favour of the Mortgagee the property described in the Schedule

hereunder written, by an Indenture of Mortgage dated the .....................

day of ..................... 19 ...... registered in the Office of

Sub-Registrar of Assurances ................... under Serial No. .....................

of 19 ..... under date ..................... to secure a loan of Rs.

..................... lent by the Mortgagee to the Mortgagor.And Whereas the

Mortgagor has paid a sum of Rs. ..................... on account of principal

and interest thereon payable under the said Mortgage and willing to pay the

balance of Rs. ..................... for redemption of the mortgage.NOW THIS DEED

WITNESSETH THAT in consideration of the payment of Rs. ..................... to

the Mortgagee by the Mortgagor paid in full of the principal sum and interest

due and owing to the mortgagee on the security of the said Indenture of the

Mortgage (the receipt whereof the Mortgagee doth hereby admit and acknowledge

and of and from the same doth hereby acquit, release and forever discharge the

Mortgagor), the Mortgagee doth hereby retransfer and reconvey to the Mortgagor

all that the said mortgage property, more particularly described in the

Schedule hereto, to have and hold the same unto the Mortgagor absolutely and free

from encumbrances of any kind whatsoever and discharged from all claims,

demands and rights of the Mortgagee under the said mortgage and the Mortgagee

hereby covenant with the Mortgagor that he has not done or knowing or willingly

suffered or been party or privy to any act, deed or thing whereby or by reason

of means whereof the said mortgaged property hereby reconveyed or retransferred

or intended so to be or any of them or any part thereof may or shall be

impeached, affected or encumbered in title, estate or otherwise howsoever.AND THE MORTGAGEE

HEREBY DECLARES AND CONFIRMS that title deeds he has delivered the title deeds

in respect of the mortgaged property and the Deed of Mortgage to the Mortgagor.IN WITNESS WHEREOF,

the said Mortgagee has hereunto set his hand the day and year first hereinabove

written.The Schedule above

referred toSigned and delivered

by the within named Mortgagee