Escrow & Title
In Tennessee, a 'satisfaction of mortgage' or 'deed of reconveyance' should be recorded within how many days of the loan payoff?
A15 days
B30 days
C60 days✓ Correct
D90 days
Explanation
Tennessee law requires that lenders record the release of a mortgage lien (satisfaction or reconveyance) within 60 days of the loan being paid off, to clear the title.
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