Escrow & Title
In South Carolina, a 'deed of release' is used to:
ATransfer ownership of property
BRelease a portion of property from an existing mortgage lien✓ Correct
CDischarge a judgment lien
DTerminate an easement
Explanation
A deed of release (or partial release) is used to release part of a property from the coverage of a blanket mortgage when individual lots are sold. The lender agrees to release the specified parcel from the lien after receiving the agreed partial payoff.
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