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Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 PA-Title-Insurance-Agent Question # 12 Topic 2 Discussion

Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 PA-Title-Insurance-Agent Question # 12 Topic 2 Discussion

PA-Title-Insurance-Agent Exam Topic 2 Question 12 Discussion:
Question #: 12
Topic #: 2

A local bank holds a mortgage on a certain property. A national bank has purchased the loan from the local bank. The proper document to be recorded in the recorder's office to evidence the ownership of the mortgage by the national bank is referred to as


A.

a satisfaction.


B.

a subordination.


C.

an assignment.


D.

a reconveyance.


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