Escrow & Title
In Maine, a 'discharge of mortgage' must be recorded after a mortgage is paid off to:
ATransfer the title to a new owner
BRemove the mortgage lien from the public record✓ Correct
CCreate a new lien on the property
DNotify the MREC of the payoff
Explanation
A discharge of mortgage (satisfaction of mortgage) must be recorded at the Registry of Deeds to remove the mortgage lien from the property's title, showing the debt has been paid and the lien released.
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