After 30 years of payments, Elena Brooks receives written confirmation that her home loan has been paid in full. She now wants the public record to show that the lender's lien has been released. Which document most directly accomplishes that result?
Correct Answer
D) A satisfaction, release, or reconveyance of the lien
A satisfaction, release, or reconveyance is the document used to show that the security interest has been discharged after payoff. Once recorded, it gives public notice that the lender's mortgage or deed of trust lien is no longer encumbering the property.
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