satisfaction of mortgage

Also found in: Legal

0.01 sec.

The process of making a notation in the public records that a mortgage debt has been paid in full and is no longer a lien upon the described real estate.When paying off a loan, one should make sure the lender records the satisfaction information. Failure to do so could result in later title problems for the owner as he or she attempts to hurriedly obtain the satisfaction in time for a closing.It can also subject the lender to a cause of action for slander of title.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Partial Prepayments			Satisfaction of mortgage fraud A close relative to the unmasked and gunless bank robber comes in the form of a satisfaction or payoff of a mortgage. Preventing fraud at closing: there are some simple yet effective ... by Bailey, Adam Leitman / Mortgage Banking Section B(8): Satisfaction of mortgage liability covers errors and omissions arising out of the insured's connection with the satisfaction of a mortgage on property in which the insured holds an insurable interest. Invest beyond financial protection: since 2007, regulators have ... by Vermost, Craig A. / American Agent & Broker Purchaser a satisfaction of mortgage so that after closing the put chase money mortgage was already paid off. Bogus sales contracts--how they are created and how appraisers can ... by Keiter, Allen C. / Valuation Insights & Perspectives			Samurai Bond Samurai Market San Francisco Stock and Bond Exchange Sandbag Sandwich Generation sandwich lease Sanjutsu Heikin Sanmekai Santa Claus Rally Santeem Santim Santims Sao Paulo Stock Exchange Sao Tome and Principe Dobra Sao Tome and Principe Escudo SAR SARA Sarbanes Oxley Act of 2002 Sarbanes-Oxley Act Sarbanes-Oxley Act of 2002 Sarin Sashine Chuumon Satang satellite city satellite tenant satisfaction of mortgage satisfaction piece Saturday Night Special SATURNS Saucer Saudi Arabian Monetary Agency Saudi Arabian Riyal Saudi Arabian Standards Organization save-harmless clause Savings Account savings and loan association Savings Are Vital to Everyone Retirement Act of 1997 Savings Association Insurance Fund savings bank Savings Bond Savings Bonds Savings Deposits Savings Element Savings Incentive Match Plan for Employees Savings Incentive Match Plan for Employees of Small Employers Savings Rate Sawbuck Say's Law SB SBA SBD			satirized satirized satirized satirizes satirizes satirizes satirizing satirizing SATIRS Satirycon satis satis satis Satis House Satisdaction satisdatio satisfactio satisfaction satisfaction satisfaction satisfaction satisfaction Satisfaction (song) Satisfaction (song) Satisfaction (song) Satisfaction (song) satisfaction for damage satisfaction for injury Satisfaction for Performance satisfaction of judgment satisfaction of mortgage Satisfaction of the Secured Debt Satisfaction piece Satisfaction piece Satisfaction piece Satisfaction should be made to that fund which has sustained the loss Satisfaction song Satisfaction song Satisfaction song Satisfaction song Satisfaction with Amplification in Daily Life Satisfaction with Life Domains Scale-Bone Marrow Transplantation Satisfaction with Life Scale Satisfaction with Performance Scaled Questionnaire Satisfaction with the Nursing Home Instrument Satisfaction(song) Satisfaction(song) Satisfaction(song) Satisfaction(song) satisfactions satisfactions satisfactions satisfactions Satisfactive satisfactorily satisfactorily satisfactoriness satisfactoriness satisfactory satisfactory satisfactory

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.