Escrow & Title
When a Michigan mortgage is fully paid off, the lender is required to discharge (release) the mortgage lien within:
A10 days
B30 days✓ Correct
C60 days
D90 days
Explanation
Under Michigan law, a lender must record a mortgage discharge (release or satisfaction) within 30 days of final payoff. Failure to do so can result in civil liability to the borrower.
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