Satisfaction, Release or Cancellation of Mortgage by Corporation - Arkansas 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the preparer's details at the top, including Name, Firm/Company, Address, City, State, Zip, and Phone.
  3. Enter the Assessor’s Property Tax Parcel/Account Number for accurate identification of the property.
  4. In the 'Satisfaction of Mortgage' section, specify the corporation's name and state of organization. Acknowledge receipt of consideration by stating 'FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00)'.
  5. Fill in details about the mortgage being satisfied: Date of Mortgage, Mortgagor(s), Mortgagee, and where it was filed (Book, Page, Document/Inst. No.).
  6. If applicable, complete the Assignment section with relevant details regarding any assignment of the mortgage.
  7. Sign and date the document as an authorized signatory of the corporation. Include your title and type your name below your signature.
  8. Complete the notary section by providing necessary information for notarization.

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You can request a copy of the mortgage satisfaction document from your county recorders office after you pay off your mortgage. Please allow 60 to 90 days after your loan is paid in full before contacting them for a copy of the lien. Note: timeframes can vary by county and could take up to six months.
Depending on your state, a Satisfaction of Mortgage may also be known as: Mortgage Lien Release. Release of Mortgage.
A satisfaction of mortgage, also known as release, cancellation or discharge of mortgage, is a type of legal document that proves you paid your mortgage in full. As a result, it also certifies that the propertys title is clear of any liens.
A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loans lien on the property and giving the title to the borrower.
A release of mortgage, commonly known as a discharge of mortgage, is a legal document issued by the lender acknowledging that the mortgage debt is settled. It effectively releases the property from the lien, allowing homeowners clear ownership.
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A release is a relinquishment of a right, which may be given gratuitously or for inadequate consideration, while an and satisfaction is the discharge of a debt or claim by the acceptance of some payment which is agreed to constitute full satisfaction.

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