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Current as of January 01, 2023 | Updated by Findlaw Staff
No particular phrasing is required for a notice of satisfaction pursuant to G.S. 45-37(a)(5) as it was prior to October 1, 2005, a satisfaction of a security instrument under G.S. 45-36.10, or a trustee's satisfaction under G.S. 45-36.20. The following form, when properly completed, is sufficient to satisfy the requirements (i) for a notice of satisfaction under G.S. 45-37(a)(5) as it was in effect prior to October 1, 2005, (ii) for a satisfaction under G.S. 45-36.10 if the form is signed and acknowledged by the secured creditor, and (iii) for a trustee's satisfaction under G.S. 45-36.20 if the security instrument is a deed of trust and the form is signed and acknowledged by the trustee:
North Carolina, _______________ County.
I, ____________________ (name of trustee or mortgagee), certify that the debt or other obligation in the amount of __________ secured by the (deed of trust) (mortgage) (other instrument) executed by _____________________ (grantor) (mortgagor), ______________ (trustee) (leave blank if mortgage), and ________________ (beneficiary) (mortgagee), and recorded in _______________ County at __________ (book and page) was satisfied on _______________ (date of satisfaction).
_____________________________________
(Signature of trustee or mortgagee)
(Acknowledgment before officer authorized to take acknowledgments)
My commission expires _________________________ (Date of expiration of official's commission).
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 47. Probate and Registration § 47-46.1. Notice of satisfaction of deed of trust, mortgage, or other instrument - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-47-probate-and-registration/nc-gen-st-sect-47-46-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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