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Tennessee Satisfaction, Cancellation or Release of Mortgage Package

Category:
Real Estate - Mortgages and Deeds of Trust
State:
Tennessee
Control #:
TN-P034-PKG
Format:
Word; 
Rich Text
Instant download
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Description

With this Satisfaction, Cancellation or Release of Mortgage Package,you will find the forms and letters necessary for the satisfaction or release of a mortgage for the state of Tennessee. The described real estate is therefore released from the mortgage.


Included in your package are the following forms:



1. Satisfaction, Release or Cancellation of a Deed of Trust by a Corporation;

2. Satisfaction, Release or Cancellation of a Deed of Trust by an Individual;

3. Letter of Notice to Borrower of Status of Mortgage;

4. Letter to Recording Office for Recording Satisfaction of a Mortgage
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How to fill out Tennessee Satisfaction, Cancellation Or Release Of Mortgage Package?

Access to quality Tennessee Satisfaction, Cancellation or Release of Mortgage Package samples online with US Legal Forms. Steer clear of hours of wasted time seeking the internet and lost money on forms that aren’t up-to-date. US Legal Forms provides you with a solution to just that. Get above 85,000 state-specific legal and tax samples that you could download and submit in clicks within the Forms library.

To get the sample, log in to your account and click Download. The document will be saved in two places: on your device and in the My Forms folder.

For individuals who don’t have a subscription yet, take a look at our how-guide below to make getting started easier:

  1. Verify that the Tennessee Satisfaction, Cancellation or Release of Mortgage Package you’re considering is suitable for your state.
  2. See the sample using the Preview function and read its description.
  3. Check out the subscription page by clicking on Buy Now button.
  4. Select the subscription plan to keep on to sign up.
  5. Pay by card or PayPal to finish creating an account.
  6. Select a preferred format to save the document (.pdf or .docx).

You can now open the Tennessee Satisfaction, Cancellation or Release of Mortgage Package template and fill it out online or print it out and get it done by hand. Take into account mailing the document to your legal counsel to make certain things are completed correctly. If you make a mistake, print and complete application once again (once you’ve made an account all documents you download is reusable). Make your US Legal Forms account now and get access to far more forms.

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FAQ

Once you've paid off your outstanding mortgage debt, the lender must prepare and issue a release of mortgage. This document officially discharges you from the debt obligation and removes the lien against the property.

You may contact us at (407) 836-5115 to request a search of your Satisfaction of Mortgage. You may also utilize our web site (www.occompt.com) to see if your Satisfaction has been recorded. Your Satisfaction is recorded under the names of the borrower/mortgagor on the original loan.

If a lender takes longer than 90 days to record it, they can be charged up to $1,500 in penalties. So, in theory, a satisfaction should be recorded within 30-90 days of payoff regardless of what state you work in.

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.

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