SATISFACTION OF MORTGAGE

By admin | November 28, 2022

satisfaction of mortgage. 1. The complete payment of a mortgage. 2. A discharge signed by

the mortgagee or mortgage holder indicating that the property subject to the mortgage is released

or that the mortgage debt has been paid and the mortgage conditions have been fully satisfied.

[Cases: Mortgages 309–315. C.J.S. Mortgages §§ 451, 465–466, 468, 477–485, 488.] [Blacks Law 8th]

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