Use this form to release a previously recoded mortgage when it is paid in full. (Any mortgage or deed of trust shall be discharged upon the record thereof, by the county clerk in whose custody it shall be, or in whose office it is recorded, when there shall be recorded in his office a certificate or deed of release executed by the mortgagee, trustee or beneficiary, his assignee or legally authorized representative, or by a title agent or title insurer acting in accordance with the provisions of W.S. 34-1-
145 through 34-1-150)(Wyoming Statute 34-1-130)
A lender/mortgagee generally has 30 days to release a Mortgage to avoid penalty.
((a) A mortgagee shall, within thirty (30) days after having received by certified or registered mail a request in writing for the discharge or release of a mortgage, execute and acknowledge a certificate or deed of discharge or release of the mortgage if there has been full performance of the condition of the mortgage and if there is no other written agreement between the mortgagee and mortgagor encumbering the property subject to the mortgage.
(b) A mortgagee who fails or refuses to discharge or release a mortgage within the thirty (30) day period required by subsection (a) of this section is liable to the mortgagor or his assignees for:
(i) All actual damages resulting from the mortgagee's failure or refusal to discharge or release the mortgage; and
(ii) Special damages in the amount of one-tenth of one percent (.10%) of the original principal amount of the mortgage for each additional day after the thirty (30) day period until the mortgage is released or discharged. Special damages authorized by this paragraph shall not exceed one hundred dollars ($100.00) per day.)(34-1-132. Liability of mortgagee for failing to discharge)
For use in Wyoming only.
Deeds.com Wyoming Release of Mortgage Forms Have Been Updated as Recently as Monday January 23, 2023
What others like you are saying:
Patrick N. said: Everything I expected. Faster and less expensive than my lawyer.
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Eric L. said: Great service, but still needs some knowledge to complete. Also missing Michigan right to farm paragraph.
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Javel L. said: The idea is great. I was not able to have my deed retrieved. Would have needed a verifies copy anyway.
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ROBERT H. said: Quick and easy. A very good value even without COVID complications. Since we DO have COVID complications this is perfect.
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Janice S. said: Well, you couldn't find the deeds, but you didn't charge me for it so great! Thanks Jan
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Michael C. said: I would appreciate being able to increase the size of the blocks such as the Grantor block and the legal description block where information is enter on the form and to adjust the font. Otherwise great product,
Reply from Staff: Thank you for your feedback Michael. We do wish we could make that an option. Unfortunately, adhering to formatting requirements (specifically margin requirements) leaves a finite amount of space available on the page.