Lake County Partial Release of Mortgage Forms (Ohio)
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Form Package
Partial Release of Mortgage
State
Ohio
Area
Lake County
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Lake County specific forms and documents listed below are included in your immediate download package:
Ohio Partial Release of Mortgage Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 2/7/2024
Guidelines for Partial Release of Mortgage
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 1/11/2024
Completed Example of the Partial Release of Mortgage Document
Example of a properly completed form for reference.
Included document last reviewed/updated 2/22/2024
Included Supplemental Documents
The following Ohio and Lake County supplemental forms are included as a courtesy with your order.
Frequently Asked Questions:
How long does it take to get my forms?
Forms are available immediately after submitting payment.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Ohio or Lake County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
Forms are NOT emailed to you. Immediately after you submit payment, the Lake County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Lake County Partial Release of Mortgage forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the Partial Release of Mortgage forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Lake County that you need to transfer you would only need to order our forms once for all of your properties in Lake County.
Are these forms guaranteed to be recordable in Lake County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lake County including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Areas Covered by These Partial Release of Mortgage Forms:
- Lake County
Including:
- Eastlake
- Grand River
- Madison
- Mentor
- Painesville
- Perry
- Wickliffe
- Willoughby
What is the Ohio Partial Release of Mortgage
Use this form to release only a portion of the real property and improvements subject to the Mortgage. For example: A mortgage is $200,000.00 and covers 5 condominiums. The borrower says, "I have one sold and would like to put the proceeds towards the mortgage to reduce the debt". In this case the lender might think, "Yes this makes since" or let's say the borrower owes on 5 lots with a mortgage of $100,000.00 but has since paid down the mortgage to $40,000.00. and wants to sell a lot, the lender might think, "This is a good risk I will release this lot." In both cases the lender is only releasing the subject condo or lot and the full lien remains on the existing properties. This form would be considered a partial release by (separate instrument). See Oh statute 5301.32 below.
5301.31 Assignment or partial release in margin of original record.
Except in counties in which a separate instrument is required to assign or partially release a mortgage as described in section 5301.32 of the Revised Code, a mortgage may be assigned or partially released by the holder of the mortgage, by writing the assignment or partial release on the original mortgage or upon the margin of the record of the original mortgage and signing it. The assignment or partial release need not be acknowledged, but, if it is written upon the margin of the record of the original mortgage, the signing shall be attested by the county recorder. The assignment, whether it is upon the original mortgage, upon the margin of the record of the original mortgage, or by separate instrument, shall transfer not only the lien of the mortgage but also all interest in the land described in the mortgage. An assignment of a mortgage shall contain the then current mailing address of the assignee. The signature of a person on the assignment or partial release may be a facsimile of that person's signature. A facsimile of a signature on an assignment or partial release is equivalent to and constitutes the written signature of the person for all requirements regarding mortgage assignments or partial releases.
For entering an assignment or partial release of a mortgage upon the margin of the record of the original mortgage or for attesting it, the recorder shall be entitled to the fee provided by section 317.32 of the Revised Code for recording the assignment and satisfaction of mortgages.
5301.32 Assignment or partial release by separate instrument.
A mortgage may be assigned or partially released by a separate instrument of assignment or partial release, acknowledged as provided by section 5301.01 of the Revised Code. The separate instrument of assignment or partial release shall be recorded in the county recorder's official records. The county recorder shall be entitled to charge the fee for that recording as provided by section 317.32 of the Revised Code for recording deeds. The signature of a person on the assignment or partial release may be a facsimile of that person's signature. A facsimile of a signature on an assignment or partial release is equivalent to and constitutes the written signature of the person for all requirements regarding mortgage assignments or partial releases.
In a county in which the county recorder has determined to use the microfilm process as provided by section 9.01 of the Revised Code, the county recorder may require that all assignments and partial releases of mortgages be by separate instruments. The original instrument bearing the proper endorsement may be used as the separate instrument.
An assignment of a mortgage shall contain the then current mailing address of the assignee.
(Ohio Partial Release of Mortgage Package includes form, guidelines, and completed example)
Our Promise
The documents you receive here will meet, or exceed, the Lake County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Lake County Partial Release of Mortgage form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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