The work with papers isn't the most straightforward job, especially for people who almost never work with legal papers. That's why we recommend using correct South Carolina Satisfaction of Mortgage by Lender - by Corporate Lender templates made by skilled attorneys. It allows you to avoid problems when in court or handling official organizations. Find the files you need on our website for top-quality forms and exact descriptions.
If you’re a user having a US Legal Forms subscription, simply log in your account. Once you are in, the Download button will automatically appear on the file webpage. Soon after getting the sample, it will be stored in the My Forms menu.
Customers without a subscription can quickly get an account. Follow this short step-by-step guide to get your South Carolina Satisfaction of Mortgage by Lender - by Corporate Lender:
After finishing these straightforward steps, you can complete the form in your favorite editor. Recheck completed information and consider requesting a legal representative to review your South Carolina Satisfaction of Mortgage by Lender - by Corporate Lender for correctness. With US Legal Forms, everything gets easier. Give it a try now!
Step 1 Identify the parties. The appropriate parties should be documented on the Satisfaction of Mortgage. Step 2 Fill and Sign. The Satisfaction of Mortgage should be signed by the mortgagee, after it has been issued. Step 3 File and Record the Form.
If a lender takes longer than 90 days to record it, they can be charged up to $1,500 in penalties. So, in theory, a satisfaction should be recorded within 30-90 days of payoff regardless of what state you work in.
You may contact us at (407) 836-5115 to request a search of your Satisfaction of Mortgage. You may also utilize our web site (www.occompt.com) to see if your Satisfaction has been recorded. Your Satisfaction is recorded under the names of the borrower/mortgagor on the original loan.
Once you've paid off your outstanding mortgage debt, the lender must prepare and issue a release of mortgage. This document officially discharges you from the debt obligation and removes the lien against the property.