Use this form to release a portion of property secured by a mortgage and promissory note. Example: borrower has financed 5 lots for $100,000.00 which has since been paid down to a balance of $30,000.00. Borrower approaches Lender and would like the lender to release lot #3 because he has it sold. The lender might think, ok - he will owe me $30,000.00 on the remaining 4 lots, I consider this a good risk. The same can also be applicable to condominiums, apartments, parcels, etc.

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.

(Michigan PDOM Package includes form, guidelines, and completed example)

These are different form types, not alternate versions of the current form.

Mortgage

Secure a debt against real property with a mortgage instrument.

Mortgage/Deed of Trust Subordination

Change lien priority between recorded security instruments.

Satisfaction of Mortgage

Record that a mortgage has been paid or satisfied.

Important: County-Specific Forms

Our partial discharge of mortgage forms are specifically formatted for each of the 83 counties in Michigan.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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