Mortgagee Failing to Cancel Redeemed Mortgage
type: Class
alternative label: 抵押权人未能取消已赎回的抵押贷款
subclass of: RBKpy2Nyht27CqaMOeeTx1N
definition: When a mortgagee fails to cancel a redeemed mortgage, it refers to the legal concept where a lender fails to release a borrower's property from the mortgage lien after the loan has been fully paid off, which can result in legal claims by the borrower against the lender.