Teton County Release of Mortgage Form

Additional Wyoming and Teton County documents included at no extra charge:

Where to Record Your Documents

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Cities and Jurisdictions in Teton County

Properties in any of these areas use Teton County forms:

• Alta
• Jackson
• Kelly
• Moose
• Moran
• Teton Village
• Wilson

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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.

Important: Your property must be located in Teton County to use these forms. Documents should be recorded at the county recording office listed above.

This Release of Mortgage meets all recording requirements specific to Teton County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Teton County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

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