Escrow & Title
A deed of reconveyance is used to:
ATransfer title from seller to buyer
BRelease the lien on a property when a mortgage or deed of trust is paid in full✓ Correct
CCorrect an error in a previously recorded deed
DTransfer title to the government upon escheat
Explanation
A deed of reconveyance (or satisfaction of mortgage) is used to release the lender's lien on the property once the mortgage loan is paid in full. It must be recorded to clear the lien from the title.
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