The Hennepin County Recorder's Office in Minnesota oversees the process of recording and releasing mortgages and deeds of trust. When a mortgage or deed of trust on a property is fully paid off or satisfied, a Release of Mortgage or Deed of Trust — Full Release must be filed to remove the lien from the property's title. This legal document protects the borrower's rights and ensures that the property can be freely transferred without any encumbrances. The Hennepin Minnesota Release of Mortgage / Deed of Trust — Full Release is a crucial step in the real estate transaction process, as it confirms the discharge of the debt and the transfer of property ownership. This release document contains specific details pertaining to the mortgage, such as the names of the borrower and lender, property address, original loan amount, loan number, and recording information. In Hennepin County, there are various types of Release of Mortgage / Deed of Trust — Full Release forms available, depending on the circumstances and parties involved. Some common types include: 1. Individual Release of Mortgage: This form is used when an individual borrower has paid off the mortgage or deed of trust on their property and requires the lender's release. 2. Joint Release of Mortgage: When multiple borrowers are involved, such as co-owners or spouses, this release form is used. It ensures that all parties are released from the mortgage or deed of trust. 3. Refinance Release of Mortgage: When a property is refinanced, the existing mortgage is often paid off and replaced with a new loan. This release form is used to remove the previous lender's claim on the property. 4. Lender Release of Mortgage: In some cases, the lender may initiate the release of the mortgage or deed of trust, acknowledging that the debt has been satisfied. This form is typically used when a loan is paid off in full. Regardless of the specific type of Hennepin Minnesota Release of Mortgage / Deed of Trust — Full Release, it is essential to ensure that it is properly prepared, executed, and recorded with the county's Recorder's Office. Doing so will guarantee that the lien is removed from the property title, and the ownership can be freely transferred in any future transactions. NOTE: Please consult with legal professionals or visit the official Hennepin County Recorder's Office website for the most accurate and up-to-date information on the specific requirements and forms related to the Release of Mortgage / Deed of Trust — Full Release process in Hennepin County, Minnesota.