Mortgages

1. Who satisfies my mortgage?
   This action must be initiated by the mortgagee (lender).  However, they may send the actual forms to you.  Upon making the final payment, contact your lender to see how it will be handled.
   
   
2. What do I do if satisfaction papers are sent to me?
   Bring or mail the original Mortgage Satisfaction Piece to our office with the proper fee (see Fee Schedule).  By mail, send a self-addressed stamped envelope for return of your documents.
   
   
3. Must a mortgage be satisfied?
   No, but it is to your benefit.  It will establish a clear title to your property.
   
   
4. Is there a statute of limitation on the lien of a mortgage?
   No.  However, there is a legal procedure to have a mortgage satisfied if it appears to be stale.