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CIVIL PRACTICE LAW AND RULES, §§8017, 8021; SOCIAL SERVICES LAW, §106-a: A county clerk is entitled to a fee for recording a satisfaction of mortgage where the county department of social services is the mortgagee but the satisfaction of the mortgage is presented for recording by the mortgagor.

A satisfaction of mortgage, also known as release, cancellation or discharge of mortgage, is a type of legal document that proves you paid your mortgage in full. As a result, it also certifies that the property's title is clear of any liens.

This document identifies the property (by address or some formal location method), the owners, the lenders, and the original amount of the mortgage. It also states that the debt has been paid in full or ?satisfied.? The lender must properly record the mortgage satisfaction with the proper county records department.

Sample Satisfaction of Mortgage That Mortgagee hereby acknowledges full payment and satisfaction of the Mortgage, does hereby surrender the Mortgage as cancelled, releases the property from the lien of the Mortgage, and directs the Clerk of the Circuit Court in and for , to cancel the same record.

A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower.

How to Complete a Satisfaction of Mortgage Step 1 ? Identify the parties. The appropriate parties should be documented on the Satisfaction of Mortgage. ... Step 2 ? Fill and Sign. The Satisfaction of Mortgage should be signed by the mortgagee, after it has been issued. ... Step 3 ? File and Record the Form.