Escrow & Title
A 'release of lien' (satisfaction of mortgage) must be recorded in Tennessee to:
ATransfer the property to the new owner
BClear the paid-off lien from the public record and give constructive notice that the debt is satisfied✓ Correct
CAllow the owner to refinance with the same lender
DNotify TREC that the transaction has closed
Explanation
When a mortgage or deed of trust is paid off, the lender must execute and record a release (satisfaction/deed of release) in the county register. This removes the lien from the public record and gives constructive notice to all that the debt has been satisfied.
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