Finance
What is a 'satisfaction of mortgage' in Idaho?
AA lender's approval of a property's condition
BA document recorded by the mortgagee confirming the mortgage has been paid in full and releasing the lien✓ Correct
CA borrower's satisfaction guarantee
DA partial payoff document
Explanation
A satisfaction of mortgage (or payoff/release) is recorded when the mortgage debt is fully paid. In Idaho (a trust deed state), the equivalent is a deed of reconveyance from the trustee, confirming the lien has been released.
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