Escrow & Title (alternative)
In Maryland, a release deed (reconveyance) is recorded when:
AA property is listed for sale
BA mortgage or deed of trust is paid off and the lien is released✓ Correct
CA new title insurance policy is issued
DA judgment lien is created
Explanation
When a Maryland borrower pays off a mortgage or deed of trust, a release (satisfaction) is recorded in the land records to clear the lien from the property's title.
Related Maryland Escrow & Title (alternative) Questions
- Title insurance in Maryland does NOT protect against:
- In Maryland, which type of deed would a trustee use to convey property after a foreclosure sale?
- A Maryland special warranty deed warrants title only against claims arising:
- When a Maryland property is sold through foreclosure and the proceeds exceed the mortgage debt, the surplus goes to:
- A Maryland general warranty deed includes covenants guaranteeing the grantor will defend against claims arising:
- Under Maryland's Home Affordable Modification Program (HAMP)-related procedures, a borrower in default seeking loan modification should first contact:
- A title search in Maryland examines public records to determine:
- In Maryland, a 'cloud on title' refers to:
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