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Partial Release of Property From Deed of Trust for Corporation - North Carolina

Partial Release of Property From Deed of Trust for Corporation - North Carolina 2026

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The document is a legal instrument titled 'Partial Satisfaction of Deed of Trust' which outlines the release of a portion of property from a deed of trust while maintaining the validity of the remaining mortgage. It includes sections for identification of parties involved, property details, and certification by a notary public.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the 'Prepared by and after Recording Return to' section with your name, firm/company, address, city, state, zip, and phone number.
Enter the Assessor’s Property Tax Parcel/Account Number in the designated field.
In the 'Partial Satisfaction of Deed of Trust' section, provide the date of the original deed of trust and details about the mortgagor(s), trustee, and beneficiary.
Attach a legal description of the property as Exhibit A. Ensure this is clearly referenced in the form.
Complete any applicable sections regarding assignments if necessary, including dates and document numbers.
Have an authorized officer sign and print their name along with their title. Ensure that this is attested by a secretary or another official.
Finally, include notary information at the bottom to validate the document.

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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.

Is North Carolina a deed of trust state?

For example, states like California, Virginia, Georgia, North Carolina, and Texas typically use a deed of trust. Meanwhile, states like New York, Michigan, Illinois, Ohio, and Florida use a mortgage.

Are trusts recorded in North Carolina?

Unlike wills, trusts are not required to be recorded in North Carolina. Trusts, particularly revocable living trusts, remain private both during the lifetime and after the death of the trust maker (grantor). This privacy is one of the key advantages of using a trust as part of an estate plan.

Does North Carolina use a deed of trust?

The majority of the time a deed of trust is used in a real estate transaction in North Carolina, it will be a purchase money mortgage, or a mortgage issued to the borrower by the seller of the home as part of the purchase transaction, unlike a traditional mortgage which is obtained through a bank.

Can a lien be placed on jointly owned property in NC?

Understanding lien applicability and rights of co-owners in shared property situations. In North Carolina, a judgment lien can attach to a debtors interest in jointly owned property. The lien affects only the debtors share, not the entire property.

What are the disadvantages of a deed of trust?

What Are the Disadvantages of a Trust? Loss of Control. Setting up the trust necessitates you giving up some amount of control of the assets you place within the trust. Loss of Asset Access. Cost. Recordkeeping Complexity. High Need for Competency.

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