Ohio Owner Certificate of Satisfaction

State:
Ohio
Control #:
OH-8001J
Format:
Word; 
Rich Text
Instant download

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FAQ

A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower.

(2) "Satisfaction" means that the obligation secured by a mortgage has been paid in full and the underlying obligation terminated, with no opportunities for future advancements.

Section 5301.233 Mortgage may secure unpaid balances of advances made.

Less familiar to laymen and even real estate professionals is Ohio's Statute of Conveyances, which requires deeds, mortgages, land installment contracts and leases with a term in excess of three years to be ?acknowledged? before a notary public (i.e., ?notarized?).

The signing shall be acknowledged by the grantor, mortgagor, vendor, or lessor, or by the trustee, before a judge or clerk of a court of record in this state, or a county auditor, county engineer, notary public, or mayor, who shall certify the acknowledgement and subscribe the official's name to the certificate of the

Ohio's wiretapping law is a "one-party consent" law. Ohio law makes it a crime to intercept or record any "wire, oral, or electronic communication" unless one party to the conversation consents. Ohio Rev. Code § 2933.52.

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Ohio Owner Certificate of Satisfaction