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Release of Mortgage by Corporation - Utah

Release of Mortgage by Corporation - Utah 2025

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The document is a 'Release of Mortgage' form used by a title insurer or title agent in Utah to officially release a mortgage on a specified property. It certifies that the mortgage obligation has been fully paid and outlines the process followed for notifying the mortgagee of the release. The document includes sections for signatures, notarization, and details about the property and parties involved.

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Is a release the same as a deed?

In general legal terms, a release is an agreement between two parties to settle legal actions or claims, whether current or in the future. A deed of release, waiver, and quitclaim are all terms that refer to this type of legal document, through which one or both parties agree to give up certain rights or claims.

How do I record a release of my mortgage?

Once the loan is repaid, the lender should provide a recordable lien release document. It is very important to record the lien release document with the same recording official as the original mortgage or deed of trust (such as the County Clerk of Court or Register-Recorder of Deeds Office).

Is a deed and mortgage the same thing?

Warranty Deed: This is the document that proves you own the property. When you pay off your mortgage, the lender should release their lien on the property, and you should receive a deed without the lenders name on it.

Is a release of mortgage the same as a deed?

Utah is known as a Trust Deed and Promissory Note state. There are references to a foreclosure being allowed under the law, typically in a Contract for Deed transaction but this is certainly not the standard.

What does a release of a mortgage mean?

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.

What is the Utah Code 57 1 31?

Trust deeds -- Default in performance of obligations secured -- Reinstatement -- Cancellation of recorded notice of default. After the beneficiary or beneficiarys successor in interest has been paid and the default cured, the obligation and trust deed shall be reinstated as if no acceleration had occurred.

Release of Mortgage by Corporation - Utah 2025

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Is a release the same as a deed?

How do I record a release of my mortgage?

Is a deed and mortgage the same thing?

Is a release of mortgage the same as a deed?

What does a release of a mortgage mean?

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What is the Utah Code 57 1 31?

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Release of Mortgage by Corporation - Utah 2025

Here's how it works

The fastest way to redact Release of Mortgage by Corporation - Utah online

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Got questions?

Is a release the same as a deed?

How do I record a release of my mortgage?

Is a deed and mortgage the same thing?

Is a release of mortgage the same as a deed?

What does a release of a mortgage mean?

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What is the Utah Code 57 1 31?

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