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What is Satisfaction of Mortgage Document?

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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/13
Fatima El loummou
by Fatima El loummou , موضف , san call

A document generated and signed by a mortgage lender, acknowledging that the borrower has paid off the mortgage loan in full and that the mortgage is not a lien on the property. The Satisfaction of Mortgage document must be filed with the county office or land registry office in order to get the property deed updated  

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