Most states have statutes that provide that a mortgage or deed of trust may be discharged in the county land records by the recorder of deeds. Generally these statutes proved that a certificate must be filed with said recorder and executed by the mortgagee or on its behalf and acknowledged as prescribed by law. The certificate must specify that the mortgage has been paid or otherwise satisfied or discharged, and should make a reference to the book and page containing the original mortgage or deed of trust.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Harris Texas Satisfaction of Mortgage by a Corporation is a legal document that signifies the release of a mortgage lien placed on a property located in Harris County, Texas. This instrument is filed by a corporation or a business entity that has previously held a mortgage or acted as the lender for a property in the county. The Satisfaction of Mortgage signifies that the loan has been fully repaid, and the lien on the property has been satisfied. In Harris County, Texas, there are various types of Satisfaction of Mortgage documents that can be filed by a corporation, depending on the specific circumstances and requirements. Some main types include: 1. General Satisfaction: This type of Satisfaction of Mortgage is filed when the mortgage loan has been fully paid off, and the corporation releases its claim on the property. It serves as evidence that the property owner has fulfilled their financial obligations and that the mortgage agreement is terminated. 2. Partial Satisfaction: If the property owner has made partial payments towards the mortgage, a Partial Satisfaction of Mortgage by a Corporation may be filed. This document indicates that a portion of the loan has been satisfied, but the mortgage lien remains on the property for the outstanding balance. 3. Assumption Satisfaction: In cases where the mortgage was assumed by another party or corporation, an Assumption Satisfaction of Mortgage is filed. This document acknowledges the transfer of the mortgage obligations from the original corporation to the new entity, releasing the initial corporation from any further responsibility. 4. Release of Lien: A Release of Lien document may be filed by a corporation if there was an error or discrepancy in the initial mortgage filing. This document clarifies the release of the mortgage lien on the property, ensuring that the corporation no longer holds any legal claim. It is important for a corporation to file the appropriate type of Harris Texas Satisfaction of Mortgage document to ensure legal compliance and provide transparency regarding the status of the mortgage. These documents are typically filed with the Harris County Clerk's Office or another relevant authority, and they become public records accessible to interested parties.Harris Texas Satisfaction of Mortgage by a Corporation is a legal document that signifies the release of a mortgage lien placed on a property located in Harris County, Texas. This instrument is filed by a corporation or a business entity that has previously held a mortgage or acted as the lender for a property in the county. The Satisfaction of Mortgage signifies that the loan has been fully repaid, and the lien on the property has been satisfied. In Harris County, Texas, there are various types of Satisfaction of Mortgage documents that can be filed by a corporation, depending on the specific circumstances and requirements. Some main types include: 1. General Satisfaction: This type of Satisfaction of Mortgage is filed when the mortgage loan has been fully paid off, and the corporation releases its claim on the property. It serves as evidence that the property owner has fulfilled their financial obligations and that the mortgage agreement is terminated. 2. Partial Satisfaction: If the property owner has made partial payments towards the mortgage, a Partial Satisfaction of Mortgage by a Corporation may be filed. This document indicates that a portion of the loan has been satisfied, but the mortgage lien remains on the property for the outstanding balance. 3. Assumption Satisfaction: In cases where the mortgage was assumed by another party or corporation, an Assumption Satisfaction of Mortgage is filed. This document acknowledges the transfer of the mortgage obligations from the original corporation to the new entity, releasing the initial corporation from any further responsibility. 4. Release of Lien: A Release of Lien document may be filed by a corporation if there was an error or discrepancy in the initial mortgage filing. This document clarifies the release of the mortgage lien on the property, ensuring that the corporation no longer holds any legal claim. It is important for a corporation to file the appropriate type of Harris Texas Satisfaction of Mortgage document to ensure legal compliance and provide transparency regarding the status of the mortgage. These documents are typically filed with the Harris County Clerk's Office or another relevant authority, and they become public records accessible to interested parties.
