Who is entitled to receive satisfaction of a mortgage upon written request?

The correct choice indicates that any party who pays the full and final balance of a mortgage is entitled to receive satisfaction of that mortgage upon making a written request. This aligns with the legal understanding that satisfaction of a mortgage is a formal acknowledgment that the mortgage obligation has been fulfilled and the debt has been paid off completely.

In most jurisdictions, including Minnesota, once a borrower or a designated party pays the complete amount due to the lender, they can request a satisfaction document, which serves as proof that the mortgage has been satisfied. This right is usually extended to not just the original borrower but also to any party who discharges the debt on behalf of the borrower or in their stead.

This principle ensures that anyone taking responsibility for the debt has the legal ability to obtain documentation confirming that the mortgage has been cleared, which is important for matters of property ownership and future transactions.

The other options do not accurately reflect who is entitled to request satisfaction of a mortgage under typical circumstances. Lenders are not entitled to satisfaction documents on their own; they issue the satisfaction. The original borrower cannot be the only party eligible since others can pay off the debt. Finally, real estate agents are not parties to the mortgage and do not have a claim to satisfaction upon payment.