Escrow & Title
In Oregon, what is a 'satisfaction of mortgage' (or 'reconveyance' for a deed of trust)?
AA document confirming the property appraisal is complete
BA recorded document confirming that a mortgage or deed of trust lien has been fully paid and released✓ Correct
CA court order removing a judgment lien
DThe lender's acknowledgment that the buyer is creditworthy
Explanation
When an Oregon mortgage is fully paid off, the lender records a satisfaction of mortgage. For deeds of trust (the more common Oregon instrument), the trustee records a reconveyance deed, releasing the property from the lien. Both documents must be recorded to clear the lien from the public record and the property's title.
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