Satisfaction, Cancellation or Release of Mortgage Package - Montana 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with the 'Satisfaction, Release or Cancellation of a Deed of Trust by an Individual' form. Fill in your name and address in the designated fields, ensuring accuracy for legal purposes.
  3. Next, complete the section detailing the mortgage information. This includes the mortgage number and property description. Double-check these details to avoid any discrepancies.
  4. If applicable, proceed to fill out the 'Satisfaction, Release or Cancellation of a Deed of Trust by a Corporation' form. Ensure that a corporate representative signs in front of a notary public as required.
  5. Utilize the 'Letter of Notice to Borrower of Status of Mortgage' template to inform borrowers about their mortgage status. Customize it with relevant details before sending.
  6. Finally, complete the 'Letter to Recording Office for Recording Satisfaction of a Mortgage.' Include all necessary information and submit it for recording as per local regulations.

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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.
The Release of Mortgage is an original document prescribed by the Titles Registry Office, which must be signed and correctly witnessed by an authorised person at the bank or financial institution, and is the document that should be registered with the local Land Titles Department in order for the registered mortgage to
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.

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2941. (a) Within 30 days after any mortgage has been satisfied, the mortgagee or the assignee of the mortgagee shall execute a certificate of the discharge thereof, as provided in Section 2939, and shall record or cause to be recorded in the office of the county recorder in which the mortgage is recorded.
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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