Escrow & Title
A 'release deed' (partial release) in Georgia is used when:
AA. A tenant vacates a property under a lease
BB. A portion of property is released from a blanket mortgage as lots are sold off✓ Correct
CC. A title insurance claim is settled
DD. A judgment creditor releases their claim
Explanation
A partial release or release deed allows a lender holding a blanket mortgage (covering multiple parcels) to release individual parcels from the lien as they are sold. Typically triggered by a release clause when the agreed price per lot is paid.
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