| 单词 | DEED OF RELEASE |
| 释义 | One releasing property from the incumbrance of a mortgage or similar pledge upon paymentor performance of tlie conditions; more specifically, where a deed of trust to one ormore trustees has been executed, pledging real property for the payment of a debt orthe performance of other conditions, substantially as in the case of a mortgage, a deedof release is the conveyance executed by the trustees, after payment or performance,for the purpose of divesting themselves of the legal title and revesting it in the originalowner. See Swain v. McMillan, 30 Mont. 433, 70 Pac. 943. |
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