North Carolina law permits a property owner to file an instrument of satisfaction acknowledging the satisfaction of a lien. The instrument must have been signed by the lien claimant of record.
Charlotte North Carolina Instrument of Satisfaction — Individual is a legal document used to officially declare and record the satisfaction of a mortgage or other lien on a property in the city of Charlotte, North Carolina. It signifies that the borrower has fully repaid their loan and that the lender has released all claims to the property. The instrument serves as proof that the mortgage or lien has been satisfied and allows the property owner to remove the encumbrance from their records. This is particularly important in real estate transactions, as it ensures that the property can be transferred or refinanced without any legal obstacles. The Charlotte North Carolina Instrument of Satisfaction — Individual contains various essential details. These may include the names and contact information of both the borrower and the lender, the date of the original loan, the loan amount, the property address, and the legal description of the property. It also includes references to the original mortgage or lien document, such as the book and page number where it is recorded in the county records. There are no different types of Charlotte North Carolina Instrument of Satisfaction — Individual, as it is a standardized document used for the specific purpose of declaring the satisfaction of individual mortgages or liens in Charlotte, North Carolina. Keywords: Instrument of Satisfaction, individual, Charlotte, North Carolina, mortgage, lien, property, encumbrance, repayment, legal document, real estate transactions, borrower, lender, records, proof, transferred, refinanced, original loan, loan amount, property address, legal description, county records.Charlotte North Carolina Instrument of Satisfaction — Individual is a legal document used to officially declare and record the satisfaction of a mortgage or other lien on a property in the city of Charlotte, North Carolina. It signifies that the borrower has fully repaid their loan and that the lender has released all claims to the property. The instrument serves as proof that the mortgage or lien has been satisfied and allows the property owner to remove the encumbrance from their records. This is particularly important in real estate transactions, as it ensures that the property can be transferred or refinanced without any legal obstacles. The Charlotte North Carolina Instrument of Satisfaction — Individual contains various essential details. These may include the names and contact information of both the borrower and the lender, the date of the original loan, the loan amount, the property address, and the legal description of the property. It also includes references to the original mortgage or lien document, such as the book and page number where it is recorded in the county records. There are no different types of Charlotte North Carolina Instrument of Satisfaction — Individual, as it is a standardized document used for the specific purpose of declaring the satisfaction of individual mortgages or liens in Charlotte, North Carolina. Keywords: Instrument of Satisfaction, individual, Charlotte, North Carolina, mortgage, lien, property, encumbrance, repayment, legal document, real estate transactions, borrower, lender, records, proof, transferred, refinanced, original loan, loan amount, property address, legal description, county records.