Escrow & Title
What is a satisfaction of mortgage and when is it recorded?
AA document showing the borrower is satisfied with the terms
BA document recorded by the lender confirming the mortgage has been fully paid off and releasing the lien✓ Correct
CA survey showing mortgage boundaries
DAn appraisal confirming property value exceeds the loan
Explanation
A satisfaction of mortgage (release/discharge) is recorded by the lender after the loan is fully paid off, confirming the debt is extinguished and releasing the lender's lien on the property. In Ohio, lenders must record this within 90 days of payoff.
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