Escrow & Title
A 'satisfaction of mortgage' in North Carolina is recorded when:
AA new loan is taken out on the property
BThe borrower pays off the mortgage in full and the lender releases the lien✓ Correct
CThe property is sold
DThe borrower refinances
Explanation
A satisfaction (discharge) of mortgage is recorded to release the lien from the public record after the borrower fully repays the loan.
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