What is satisfaction of mortgage?
An Individual Satisfaction of Mortgage is a legal document that signifies a borrower has fully repaid their mortgage loan to an individual lender, leading to the release of the mortgage lien on the property. This document is crucial as it officially indicates that the borrower's debt obligation to the individual lender has been met, thereby removing the lender's legal claim over the property. It typically contains important information such as the original mortgage details, the names of the borrower and lender, the date the mortgage was satisfied, and a legal declaration that the mortgage has been fully paid off. The process of finalizing this satisfaction involves the individual lender or their authorized agent signing the document, thereby acknowledging the fulfillment of the mortgage terms. Once completed, the Individual Satisfaction of Mortgage must be filed with the appropriate county recorder's or land registry office. This step is vital to update the public records, effectively clearing the title to the property and ensuring that the borrower can freely sell or refinance the property without any lingering claims from the previously satisfied mortgage. Recording this satisfaction is a key legal requirement for maintaining a clear chain of title, safeguarding the borrower's ownership rights, and providing transparency to future buyers or lenders regarding the property's encumbrance status.
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Most counties require some kind of ancillary form to be filled out and sent in with a template. If their required form is not received, your deed will not be recorded and will be sent back. Your order includes all required state and county forms to make sure you have all of the required forms before you send your deed into record. And don't forget, data entered in the deed will automatically transfer to the required forms (where available). Once your documents are notarized, you will need to send them to the recording office.
Polk, Iowa Recording office Information
Once your documents are notarized, you will need to send them to the recording office.
- Recording fees and transfer tax can be paid with one check
- Payee: Polk County Recorder
- Address: See mailing and physical address
515-286-3160 
515-323-5393 
OfficeWebsite Popular templates
Don’t see your form?
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Once your order is placed, processing generally takes 10-15 business days. We will contact you with any additional items that may be required by the state and county where your property is located. All required information to process your order must be received and verified before we can begin processing your request.
Additional taxes and fees may be required by a governmental agency when a deed is recorded if the property transfer is not exempt. Government agencies have the right to assess and/or reassess a property for additional taxes and fees pursuant to any transactions that involve a transfer of ownership even between the same parties.
faq
A quitclaim deed is used to add or remove someone's name on the title where they are simple changes with no guarantees on the title and transfer. Some states may record them but they may not be recognized as a valid transfer. A warranty deed provides greater protection as it contains language that makes promises regarding the conveyance of ownership along with any rights the property has with it.
A new deed will need to be prepared and recorded with the county. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.
If an attorney was used for the divorce, you may want to verify if the attorney has already followed-through with the recording of the new deed. If not, a new deed will need to be prepared and recorded with the county. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.
Since the person(s) stated on the deed is now deceased, the property will have to go through probate and be awarded by the court. You will need to contact a probate attorney for further assistance.
Since the person(s) stated on the deed is now deceased, the property will have to go through probate and be awarded by the court. You will need to contact a probate attorney for further assistance.
Depending on the state, an Affidavit Terminating Joint Tenancy will need to be prepared and recorded with the county recorders office. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.
A new deed will need to be prepared and recorded with the county. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.
A new deed will need to be prepared and recorded with the county. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.
A new deed will need to be prepared and recorded with the county. We would be happy to assist you; to begin the process, we will need to obtain additional information from you via phone.