Cherokee County Full Release of Mortgage Forms (Alabama)

Form Package

Full Release of Mortgage

State

Alabama

Area

Cherokee County

Price

$27.97

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Included Forms

All Cherokee County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Alabama and Cherokee County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Full Release of Mortgage Forms:

• Cherokee County

Including:

• Cedar Bluff
• Centre
• Gaylesville
• Leesburg
• Spring Garden

What is the Alabama Full Release of Mortgage

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)

Our Promise

The documents you receive here will meet, or exceed, the Cherokee County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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