Escrow & Title
A release deed (reconveyance) in New Mexico is used to:
ATransfer title from seller to buyer
BRelease the trustee's interest in a property when the deed of trust loan is paid off✓ Correct
CRelease a tenant from their lease
DReduce the asking price of a property
Explanation
A release deed (deed of reconveyance) is the document the trustee uses to release their interest in the property and return clear title to the borrower (trustor) upon full loan repayment.
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