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Is it legal to require a satisfaction for an unrecorded mortgage?
Wiki User
∙ 11y ago
yes
Wiki User
∙ 11y ago
It depends on the laws in your specific jurisdiction. In some places, it may be legal to require a satisfaction for an unrecorded mortgage as a condition of the loan agreement, while in others it may not be enforceable. It is advisable to consult with a legal professional in your area for specific guidance on this matter.
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