Which document is typically recorded to acknowledge the fulfillment of a mortgage obligation?

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The document that is typically recorded to acknowledge the fulfillment of a mortgage obligation is known as a mortgage satisfaction. This document is crucial in the mortgage process because it serves to formally release the borrower from any further obligations related to the mortgage after the debt has been fully paid off. When a mortgage is satisfied, the satisfaction document is filed with the appropriate government office, often the county recorder, indicating that the lender has no further claim against the property and the borrower owns it free and clear of that particular mortgage lien.

In the context of real estate transactions, recording the mortgage satisfaction provides public notice that the debt has been resolved, which not only protects the borrower's interests but also ensures clarity in property ownership for potential future buyers or lenders. This recording is an essential step in maintaining accurate property records and upholding the integrity of the real estate title system.

Other documents listed, such as a quitclaim deed, certificate of title, and grant deed, serve different functions in real estate law and do not represent the fulfillment of a mortgage obligation. For example, a quitclaim deed is used to transfer interest in a property without guaranteeing that the title is clear, while a certificate of title provides evidence of a property’s ownership but does not signify that a mortgage has been

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