Escrow & Title
In Massachusetts, a 'Release Deed' is used to:
ATransfer property from one owner to a third party
BRelease a mortgage lien after the loan is paid off✓ Correct
CDischarge a lis pendens
DRelease a tenant from lease obligations
Explanation
In Massachusetts, a Release Deed (also called a Discharge of Mortgage or Acknowledgment of Full Payment) is recorded at the Registry of Deeds to formally release a mortgage lien after the loan has been satisfied. Without it, the mortgage remains an encumbrance on the title.
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