Escrow & Title
A satisfaction of mortgage (release of lien) in Oklahoma must be recorded to:
ANotify the borrower that the loan is paid
BRemove the mortgage lien from the public record so title is clear✓ Correct
CTerminate the homeowner's insurance policy
DTransfer title to the buyer
Explanation
Once a mortgage is paid in full, the lender must provide a satisfaction or release document. This release must be recorded in the county land records to remove the lien from the public record, providing clear title for future transfers.
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