Escrow & Title
In Montana, a 'satisfaction of mortgage' (deed of reconveyance for a trust deed) should be recorded within how many days after the loan is paid off?
A10 days
B30 days
C60 days✓ Correct
D90 days
Explanation
When a Montana deed of trust is paid off, the trustee must reconvey the deed (record a full reconveyance) within 60 days of receiving the payoff. This clears the lien from the title.
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