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MORTGAGE SATISFACTION PURSUANT TO SECTION 29-3-330(B)(3) OF THE SOUTH CAROLINA CODE OF LAWS, 1976 The undersigned being the mortgagee of record, the trustee of a deed of trust, or the legal representative,

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What is mortgage satisfaction?

Mortgage satisfaction is a document that proves a borrower has fully paid off their mortgage and no longer owes any money to the lender.

Who is required to file mortgage satisfaction?

The lender or their authorized representative is typically responsible for filing the mortgage satisfaction with the appropriate government office.

How to fill out mortgage satisfaction?

To fill out a mortgage satisfaction, you will need to include details such as the borrower's name, the lender's name, the original mortgage amount, the date of full repayment, and any other relevant information.

What is the purpose of mortgage satisfaction?

The purpose of a mortgage satisfaction is to officially release the borrower from the debt obligation associated with the mortgage, and to provide proof that the loan has been paid off in full.

What information must be reported on mortgage satisfaction?

The mortgage satisfaction must include details such as the borrower's name, the lender's name, the original mortgage amount, the property address, the date of full repayment, and any other relevant information.

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