Escrow & Title
In Montana, a 'discharge of mortgage' or 'deed of reconveyance' must be recorded after loan payoff within:
A10 days of payoff
B60 days of payoff✓ Correct
C90 days of payoff
D1 year of payoff
Explanation
Montana law requires lenders to execute and deliver (and typically record) a discharge or reconveyance within a specific timeframe after receiving full loan payoff—generally 60 days. Failure to release a satisfied mortgage or deed of trust can cloud the property's title and expose the lender to liability.
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