Finance
In NJ, a 'satisfaction piece' or 'mortgage discharge' must be filed by the lender within how many days after full loan payoff?
A10 days
B30 days✓ Correct
C90 days
D6 months
Explanation
NJ law (N.J.S.A. 46:18-11.1) requires mortgage lenders to deliver a recorded satisfaction or mortgage discharge document within 30 days of full payoff by the borrower.
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