RC_LA_PLA_200.2 Lien Release Concepts

When a residential mortgage loan is granted, the property is pledged as security for the debt. This is accomplished by recording a lien on the property at the county recorder’s office, creating a public record of the debt. Once the lien is satisfied through payoff, it must be released to confirm that the property is free of that obligation.

Lien Release Concepts begins with an introduction to the lien release process and the legal and regulatory framework that governs it. It covers applicable state guidelines, the steps for retrieving required documents, and the preparation of release documentation in compliance with local requirements. The course also explains the submission of release documents for official recording, along with the related fees and timing considerations.

This is a single-family/residential course.

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