Escrow & Title
A Massachusetts property has an 'unresolved homestead estate.' When is a homestead declaration released?
AAutomatically when the property is sold
BWhen the homeowner records a release of homestead or when the property is transferred by foreclosure or otherwise✓ Correct
CAfter 10 years
DWhen the homeowner pays off their mortgage
Explanation
A Massachusetts homestead declaration encumbers the record until it is released by a recorded release of homestead, or until the title passes in a way that extinguishes the homestead (such as a foreclosure or deed signed by the homestead owner).
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