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1311.90 Broker to record release or satisfaction. (A) A broker shall record written release or satisfaction of the broker's lien in the county recorder's office of the county in which the lien was

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What is satisfaction release or?

Satisfaction release is a legal document signed by a mortgage lender stating that the borrower has paid off their loan in full.

Who is required to file satisfaction release or?

The mortgage lender or servicer is required to file satisfaction release once the loan has been paid off.

How to fill out satisfaction release or?

Satisfaction release can be filled out by providing details of the borrower, lender, loan amount, property address, and date of loan satisfaction.

What is the purpose of satisfaction release or?

The purpose of satisfaction release is to release the lien on the property and show that the borrower has fulfilled their obligation to the lender.

What information must be reported on satisfaction release or?

Information such as borrower details, lender details, loan amount, property address, and date of loan satisfaction must be reported on satisfaction release.

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