Escrow & Title
In Missouri, a 'release of lien' or 'satisfaction of mortgage' must be recorded to:
ACancel the mortgage only internally
BProvide public notice that the mortgage has been satisfied and remove it from the title record✓ Correct
CTransfer the property to the buyer
DNotify MREC of the payoff
Explanation
Recording a satisfaction of mortgage (deed of release) removes the mortgage lien from public title records, clearing the title so future buyers and lenders can see the mortgage is paid off.
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