Alabama Full Release of Mortgage
County Forms
Where is the property located?
Autauga CountyBaldwin CountyBarbour CountyBibb CountyBlount CountyBullock CountyButler CountyCalhoun CountyChambers CountyCherokee CountyChilton CountyChoctaw CountyClarke CountyClay CountyCleburne CountyCoffee CountyColbert CountyConecuh CountyCoosa CountyCovington CountyCrenshaw CountyCullman CountyDale CountyDallas CountyDe Kalb CountyElmore CountyEscambia CountyEtowah CountyFayette CountyFranklin CountyGeneva CountyGreene CountyHale CountyHenry CountyHouston CountyJackson CountyJefferson CountyLamar CountyLauderdale CountyLawrence CountyLee CountyLimestone CountyLowndes CountyMacon CountyMadison CountyMarengo CountyMarion CountyMarshall CountyMobile CountyMonroe CountyMontgomery CountyMorgan CountyPerry CountyPickens CountyPike CountyRandolph CountyRussell CountySaint Clair CountyShelby CountySumter CountyTalladega CountyTallapoosa CountyTuscaloosa CountyWalker CountyWashington CountyWilcox CountyWinston CountyFull Release of Mortgage for Real Estate Located in Alabama
Use this form to release a Mortgage that has been satisfied and/or paid in full. The lender/secured creditor shall record a satisfaction within 30 days after the lender receives full payment and performance of the secured mortgage. If a satisfaction is not sent to the mortgagors/borrowers, the lender ((a) is liable to the mortgagors for five hundred dollars ($500)) [and any actual economic damages directly caused by the failure to comply with this section.] (Section 35-10-92(c)) [Section 35-10-92(d)]
(The satisfaction in full by any one of several joint) lenders/(mortgagees, or his successors or assigns, on the margin of the record, and properly attested by the probate judge, or his chief clerk, or the filing of a release) of mortgage (by such party properly notarized, acknowledging full satisfaction of any mortgage in the names of two or more persons jointly as) lenders/(mortgagees standing on the probate records of any county in) the State of Alabama, (shall be sufficient to extinguish the lien of such mortgage.) (Section 35-10-28)
(Alabama Release of Mortgage Package includes form, guidelines, and completed example)