Mecklenburg North Carolina Release of Mortgage / Deed of Trust - Short Form - Release on Real Estate

State:
Multi-State
County:
Mecklenburg
Control #:
US-OG-123
Format:
Word; 
Rich Text
Instant download

Description

This is another form of release of mortgage/deed of trust.

A Mecklenburg North Carolina Release of Mortgage/Deed of Trust — Short For— - Release on Real Estate is a legal document used to officially release a mortgage or deed of trust on a property located in Mecklenburg County, North Carolina. This form serves as proof that the mortgage or deed of trust has been satisfied and that the property is no longer encumbered by the lien. This particular type of release is called a "short form" as it is a simplified version that contains basic information about the mortgage or deed of trust and the property. It is commonly used when the lender has already prepared a full document but wants to provide a more concise version for record purposes. The Mecklenburg North Carolina Release of Mortgage/Deed of Trust — Short For— - Release on Real Estate typically includes essential details such as the names of the lender and borrower, the date of the original mortgage or deed of trust, the book and page number of the recorded document, the legal description of the property, and the principal amount secured by the mortgage or deed of trust. It is crucial to accurately complete this release form as any errors or omissions could lead to complications during the property transfer or future financing transactions. It is recommended to consult with a qualified attorney or real estate professional to ensure the release is completed correctly and in compliance with Mecklenburg County requirements. Different types of Mecklenburg North Carolina Release of Mortgage/Deed of Trust — Short For— - Release on Real Estate may include variations based on specific circumstances or additional information required by certain lenders or governing entities. For example: 1. Single-Family Residence Release: This type of release is specifically designed for residential properties, outlining the release of a mortgage or deed of trust on a single-family home in Mecklenburg County. 2. Commercial Property Release: This release form is tailored for commercial real estate properties, such as office buildings, retail spaces, or industrial facilities, indicating the release of a mortgage or deed of trust on the respective property. 3. Condominium Release: This release form is meant for condominium units, confirming the release of a mortgage or deed of trust on a specific unit within a condominium complex. These are just a few examples of potential variations of the Mecklenburg North Carolina Release of Mortgage/Deed of Trust — Short For— - Release on Real Estate. It is important to note that the specific requirements and variations may vary based on the lender, property type, and local regulations.

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FAQ

A life estate deed is one way of transferring ownership of real property. by Brette Sember, J.D.

If Title Deeds are mislaid or destroyed and the property or land is registered, a simple check with Land Registry will provide details of ownership. Often Land Registry will hold electronic versions of documents associated with the property which can be downloaded from their website for a small fee.

A Release of Deed of Trust is a document signed and executed by the current beneficiary of a Deed of Trust. The release form is submitted to the Public Trustee's Office in the county in which the property is located.

It is the responsibility of the owner or noteholder to cancel the Deed of Trust in the county where it was recorded. There is NO FEE to cancel a note. The borrower can contact the Register of deeds office to verify that the loan has been marked satisfied or canceled before requesting a copy of the record.

All real estate records are public records and are available for inspection between the hours of 8 a.m. and 5 p.m. Monday through Friday. The Register of Deeds Office is located in the County and Courts Office Building, 720 East Fourth Street, Charlotte, NC 28202.

When done properly, a deed is recorded anywhere from two weeks to three months after closing.

North Carolina Release Deed for Deed of Trust Information Executed by the lender, once the trustee is notified by the borrower. Signed by the lender, releasing any lien attached by the "Deed of Trust" thats assigned to the property. In general, a release is required to be recorded within 60 days of satisfaction.

The Register of Deeds Office serves as custodian and manager of a large number of public records, including deeds, deeds of trust, and subdivision plats.

To look at a deed you can: Go to your Register of Deeds Office and look at the document there. Find your Register of Deeds in: Your phone book under county government. The NC Directory of State and County Officials:Look it up online. Many counties have their real property (land) records online. Go to the county website.

All real estate records are public records and are available for inspection between the hours of 8 a.m. and 5 p.m. Monday through Friday. The Register of Deeds Office is located in the County and Courts Office Building, 720 East Fourth Street, Charlotte, NC 28202.

More info

The Title and License Manual is provided primarily as a reference guide for titling and licensing vehicles in the State of North. Carolina.

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Mecklenburg North Carolina Release of Mortgage / Deed of Trust - Short Form - Release on Real Estate