A legally binding, customizable,
Release Lien Mortgage Satisfaction Agreement
template
This template gives you everything you need for a professional, customizable and legally binding Release Lien Mortgage Satisfaction Agreement.
Release Lien Mortgage Satisfaction Agreement: Quick Facts
It confirms your mortgage has been paid in full and releases the lender's lien on your property. The lender should file this automatically when you pay off your mortgage, but sometimes you need to follow up to ensure it gets recorded.
The lien stays on your property records even though the mortgage is paid off. This can cause problems when you try to sell or refinance. You might need to contact the lender or hire an attorney to clear it up.
Recording usually happens within a few days to a few weeks after filing. However, some lenders are slow to file satisfaction releases, which is why you should follow up to ensure it gets done.