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Discharge of Mortgage

Discharge of Mortgage



Discharge of Mortgage

To:

The undersigned hereby acknowledges that the Mortgage, known by Loan # _________ and secured against property known as ______________, and more fully described in Exhibit 1, has been paid and satisfied in full and hereby releases and discharges any and all right, title, interest claim and demand both at law and in equity that it may have to the Mortgage and the property described therein.

This Release shall inure to the benefit of the Owner and his heirs, executors, legal representatives, successors and assigns.

Date:

_____________________
Mortgage Holder

STATE OF ________________
COUNTY OF ______________

On _______________ before me, personally appeared ____________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person executed the instrument.

__________________
Notary
My Commission Expires on:

Discharge of Mortgage
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a standard discharge of mortgage and should be filed with your registry of deeds if it relates to property you own. It is a standard financial discharge form, which can be adapted to many related purposes.

1. Make multiple copies. Give one to each related party. File one with the registry of deeds. Keep one with the transaction file.







NOTICE

The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. It is provided as is, and isn’t necessarily endorsed or approved by getfreelegalforms.com. Due to the variances of many local, city, county and state laws, we recommend that you seek professional legal counsel before entering into any contract or agreement.

1 Comments For This Post

  1. Francisco Says:

    Whenever you are unsure of something, and there are significant legal rights affected, be sure to consult a professional.

    If you understand the process and what you are doing, then you can save yourself a lot of trouble and legal fees.

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