Escrow & Title
When a Kansas homeowner's mortgage is paid off, the lender must provide the borrower with a:
ANew title insurance policy
BSatisfaction of mortgage (mortgage release) for recording, which removes the lien from the title✓ Correct
CLetter confirming the payoff only
DTransfer of the original promissory note back to the borrower
Explanation
Upon full payoff of a mortgage, the lender must execute a satisfaction of mortgage (release of lien) that the borrower can record to remove the mortgage lien from the public record.
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