What instrument is used by a judgment lienholder to release a lien against a residence?

Study for the Legal Aspects of Real Estate Exam. Master essential legal concepts with multiple-choice questions and in-depth explanations. Get prepared and feel confident!

The correct answer is a release of recorded instrument. This instrument is specifically designed to formally remove a lien from the public record once a debt has been satisfied. A lien serves as a legal claim against a property until the debt has been paid, and releasing that lien is essential to clear the title of the property, allowing the owner to have unencumbered ownership.

A satisfaction of judgment can sometimes be used interchangeably, but it specifically refers to the fulfillment of the judgment itself, rather than the technical process of removing the lien from the record. While a notice of release and a quitclaim deed serve different purposes, they are not specifically the instruments used to release a judgment lien. A notice of release could relate to various types of obligations but is not formally recognized as the standard instrument for lien release in the context of real estate judgments. A quitclaim deed conveys interest in a property but does not serve the function of releasing a lien. Thus, the release of recorded instrument is the precise document used to accomplish this purpose.

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