Escrow & Title
When a NH buyer pays off a mortgage and the lender fails to timely file a discharge, the buyer's remedy includes:
AWaiting indefinitely for the lender to act
BDemanding the discharge in writing and potentially seeking legal remedies for failure to discharge✓ Correct
CFiling a new deed to cancel the lien
DContacting the NHREC
Explanation
NH law requires lenders to record a mortgage discharge within a reasonable period after payoff. Failure to do so may entitle the borrower to legal remedies. The borrower can send a written demand and pursue court action if necessary.
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