Document releasing a Mortgage lien, indicating the borrower has paid the debt in full. Also known as a discharge of mortgage or mortgage release. The release of lien is also noted in public land records.
| Banking Dictionary: Satisfaction of Mortgage |
Document releasing a Mortgage lien, indicating the borrower has paid the debt in full. Also known as a discharge of mortgage or mortgage release. The release of lien is also noted in public land records.
| 5min Related Video: Satisfaction of Mortgage |
| Real Estate Dictionary: Satisfaction of Mortgage |
Same as Satisfaction Piece.
| Discharge of Lien (in banking) | |
| Acquittance (in banking) | |
| Release (in banking) |
Copyrights:
![]() | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
Mentioned in