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.
The Mecklenburg North Carolina Instrument of Satisfaction — Individual is a legal document used in Mecklenburg County, North Carolina, to acknowledge the repayment and satisfaction of a mortgage or deed of trust. It is an important record that signifies the release of a borrower from their financial obligation. Keywords: Mecklenburg North Carolina, Instrument of Satisfaction, Individual, mortgage, deed of trust, legal document, repayment, satisfaction, release, borrower, financial obligation. Different Types of Mecklenburg North Carolina Instrument of Satisfaction — Individual: 1. Mortgage Instrument of Satisfaction — Individual: This type of instrument is used to acknowledge the repayment and satisfaction of a mortgage loan by an individual borrower in Mecklenburg County, North Carolina. It releases the borrower from their financial obligation towards the mortgage. 2. Deed of Trust Instrument of Satisfaction — Individual: This type of instrument is used to acknowledge the repayment and satisfaction of a deed of trust by an individual borrower in Mecklenburg County, North Carolina. It acts as evidence that the borrower has fulfilled their financial obligations towards the secured loan, allowing the release of their property from the encumbrance. 3. Promissory Note Instrument of Satisfaction — Individual: Although not a traditional instrument, this document may also be referred to as an instrument of satisfaction when an individual borrower completely repays their promissory note in Mecklenburg County, North Carolina. It signifies the discharge of the borrower's financial obligations related to the note. In conclusion, the Mecklenburg North Carolina Instrument of Satisfaction — Individual is an essential legal document that acknowledges the repayment and satisfaction of a mortgage, deed of trust, or promissory note by an individual borrower in Mecklenburg County, North Carolina. The different types of these instruments include mortgage satisfaction, deed of trust satisfaction, and promissory note satisfaction.The Mecklenburg North Carolina Instrument of Satisfaction — Individual is a legal document used in Mecklenburg County, North Carolina, to acknowledge the repayment and satisfaction of a mortgage or deed of trust. It is an important record that signifies the release of a borrower from their financial obligation. Keywords: Mecklenburg North Carolina, Instrument of Satisfaction, Individual, mortgage, deed of trust, legal document, repayment, satisfaction, release, borrower, financial obligation. Different Types of Mecklenburg North Carolina Instrument of Satisfaction — Individual: 1. Mortgage Instrument of Satisfaction — Individual: This type of instrument is used to acknowledge the repayment and satisfaction of a mortgage loan by an individual borrower in Mecklenburg County, North Carolina. It releases the borrower from their financial obligation towards the mortgage. 2. Deed of Trust Instrument of Satisfaction — Individual: This type of instrument is used to acknowledge the repayment and satisfaction of a deed of trust by an individual borrower in Mecklenburg County, North Carolina. It acts as evidence that the borrower has fulfilled their financial obligations towards the secured loan, allowing the release of their property from the encumbrance. 3. Promissory Note Instrument of Satisfaction — Individual: Although not a traditional instrument, this document may also be referred to as an instrument of satisfaction when an individual borrower completely repays their promissory note in Mecklenburg County, North Carolina. It signifies the discharge of the borrower's financial obligations related to the note. In conclusion, the Mecklenburg North Carolina Instrument of Satisfaction — Individual is an essential legal document that acknowledges the repayment and satisfaction of a mortgage, deed of trust, or promissory note by an individual borrower in Mecklenburg County, North Carolina. The different types of these instruments include mortgage satisfaction, deed of trust satisfaction, and promissory note satisfaction.