Big Horn County Release of Mortgage Forms (Wyoming)

Form Package

Release of Mortgage

State

Wyoming

Area

Big Horn County

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$27.97

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Included Forms

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

Included Supplemental Documents

The following Wyoming and Big Horn County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Release of Mortgage Forms:

• Big Horn County

Including:

• Basin
• Burlington
• Byron
• Cowley
• Deaver
• Emblem
• Greybull
• Hyattville
• Lovell
• Manderson
• Otto
• Shell

What is the Wyoming Release of Mortgage

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)

(Wyoming Release of Mortgage Package includes form, guidelines, and completed example) For use in Wyoming only.

Our Promise

The documents you receive here will meet, or exceed, the Big Horn 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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