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To notify Social Security of your marriage, you need to submit your name change application. Along with Form SS-5, provide your marriage certificate as proof. It is essential to follow up with your local Social Security office to confirm that your records are updated. This step allows you to efficiently change social security name on card to reflect your married name.
Because mortgage discharge is a legal process, you may have to pay the following fees: Lender's discharge fees. The amount depends on the lender, as well as the legislation in the province or territory in which you reside.
When a mortgage is fully paid off, a Satisfaction of Mortgage document is the legal proof that the mortgage is finished and the title is clear of liens. When a mortgage is fully paid off, a Satisfaction of Mortgage document is the legal proof that the mortgage is finished and the title is clear of liens.
What is a Mortgage Release? A mortgage release, also referred to as ?deed in lieu of foreclosure? (DIL), is when a homeowner relinquishes the ownership of their property voluntarily to the owner of the mortgage, often a bank or lender, in exchange for a release from the mortgage and all future mortgage payments.
A deed of reconveyance is a document that transfers the title of a property to the borrower from the bank or mortgage holder once a mortgage has been satisfied. It clears the lender from the title to the property.
You, your lawyer or your notary can discharge your mortgage once you pay it off. You also need to make sure you don't have any amount owing on any related products.
SYNOPSIS You collect all your original documents from your lender. Obtain a 'no dues' certificate from your lender. Get lien on property removed. Obtain the updated Non Encumbrance Certificate. Your credit records are updated.
Utah is known as a Trust Deed and Promissory Note state. There are references to a foreclosure being allowed under the law, typically in a Contract for Deed transaction but this is certainly not the standard.
Discharging a mortgage typically takes up to 10-15 business days to complete, however it does vary ing to the lender.