Ohio Letter Tendering Payment in Order to Obtain Release of Mortgaged Premises

State:
Multi-State
Control #:
US-00937BG
Format:
Word; 
Rich Text
Instant download

Description

This is a generic sample of a letter tendering payment of the remaining balance of a loan secured by a mortgage on real property with a request that the mortgagee forward a release to the mortgagor to be filed in the appropriate land records showing that the mortgage has be satisfied and is no longer a lien on the subject property.

How to fill out Letter Tendering Payment In Order To Obtain Release Of Mortgaged Premises?

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FAQ

An individual who is a party to an in-person, telephone or electronic conversation, or who has the consent of one of the parties to the conversation, can lawfully record it or disclose its contents, unless the person is doing so for the purpose of committing a criminal or tortious act. Ohio Rev. Code § 2933.52.

A mortgage shall be discharged upon the record of the mortgage by the county recorder when there is presented to the county recorder a certificate executed by the mortgagee or the mortgagee's assigns, acknowledged as provided in section 5301.01 of the Revised Code, or when there is presented to the recorder a deed of ...

Conveyances,' mandates, inter alia, that all leases of any interest in real property shall be signed by the lessor, attested to by two witnesses, and bear a certificate of acknowledgement subscribed to by a proper authority. Exempted from the operation of the statute are leases for a period of less than three years.

Section 5301.233 | Mortgage may secure unpaid balances of advances made.

Section 5301.36 | Entry of satisfaction. (B) Within ninety days from the date of the satisfaction of a mortgage, the mortgagee shall record a release of the mortgage evidencing the fact of its satisfaction in the appropriate county recorder's office and pay any fees required for the recording.

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 ...

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Ohio Letter Tendering Payment in Order to Obtain Release of Mortgaged Premises