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Satisfaction, Cancellation or Release of Mortgage Package - Virginia 2025

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The document is a Specialty Forms Package from U.S. Legal Forms, Inc. for the satisfaction, release, or cancellation of a mortgage in Virginia. It includes various forms and letters necessary for releasing a property from a mortgage or deed of trust, along with tips for completing the forms and a disclaimer regarding their legal use.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who signs a death certificate in Virginia?

Who can sign a death certificate? The physician in charge of the patients care for the illness or condition which resulted in death is primarily responsible.

What is the difference between satisfaction of mortgage and release of mortgage?

What Is the Difference Between a Release and a Satisfaction of Mortgage? A release is synonymous to a satisfaction of mortgage since they indicate the borrower has repaid their mortgage loan in full and the lien on the property has been lifted.

What is a certificate of satisfaction?

A Certificate of Satisfaction is a legal document that verifies that a debt has been paid in full. This document is typically issued by a lender or creditor and is given to the borrower or debtor as proof that the debt has been satisfied.

Who can administer oaths in Virginia?

The oaths to be taken by a person elected or appointed to any other office or post shall, except in cases in which it may be otherwise directed by law, be administered by the clerk of a court of record, by any judge, by a Commissioner or clerk of the State Corporation Commission or by the Secretary of the Commonwealth.

What does it mean when a mortgage is released?

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.

Who signs a certificate of satisfaction in Virginia?

The certificate of satisfaction shall be signed by the creditor or his duly authorized agent, attorney or attorney-in-fact, or any person to whom the instrument evidencing the indebtedness has been endorsed or assigned for the purpose of effecting such release.

What is satisfaction and discharge of mortgage?

A recorded mortgage must be discharged by a certificate signed by the mortgagee, his personal representatives or assigns, acknowledged or proved and certified as prescribed by the chapter on recording transfers, stating that the mortgage has been paid, satisfied, or discharged.

Who is the grantee on a certificate of satisfaction?

The Grantee is the buyer, recipient, new owner, or lien holder. When vs. appears on legal documents, the Grantor is on the bottom, the Grantee is on the top.

Satisfaction, Cancellation or Release of Mortgage Package - Virginia 2025

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