This form is used by the (mortgagee or the personal representative, successor, or assign of the mortgagee), who (shall prepare a discharge of the mortgage, file the discharge with the register of deeds for the county where the mortgaged property is located, and pay the fee for recording the discharge.) (565.41 Sec. 41(1)) A mortgagee is often referred to as a lender. For use when an indebtedness secured by said Mortgage has been paid in full. A "discharge of mortgage" is often referred to a "satisfaction of mortgage".
To avoid liability and penalty (the discharge of mortgage, execution and acknowledgment of a certificate, or filing of a discharge of mortgage required by this section or section 41 shall be performed within whichever of the following time periods is applicable:
(a) For the first 2 years after the effective date of the amendatory act that added this subsection, 75 days.
(b) Beginning 2 years after the effective date of the amendatory act that added this subsection, 60 days.) (565.44 Sec. 44(2))
For use in Michigan only.
Deeds.com Michigan Discharge of Mortgage Forms Have Been Updated as Recently as Thursday May 26, 2022
What others like you are saying:
Fernando C. said: I was happy with my purchase. I honestly received more than I expected . I recommend you expand to offer more forms such as Living Will.
Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Jennifer C. said: Fast turnaround. Very much appreciated!
Reply from Staff: Thank you!
Nellie V. said: You guys make it so easy. Thank you for that! Hugs!
Reply from Staff: Thank you Nellie!
Lloyd S. said: What a great website. It does Pasco County PROUD !!
Reply from Staff: Thank you!
Bradley B. said: Just as advertised.
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Kevin V. said: Quick and trouble free experience!
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!