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How to fill out michigan discharge of mortgage
How to fill out michigan discharge of mortgage
01
Obtain a copy of the Michigan Discharge of Mortgage form, which can usually be found on the website of the county clerk where the property is located.
02
Fill in the necessary information on the form, including your name as the mortgagee, the borrower's name, the property address, and the date of the original mortgage.
03
Sign the form in front of a notary public or other authorized individual. Make sure to bring proper identification.
04
Take the completed and notarized form to the county clerk's office and submit it along with any required filing fees.
05
Keep a copy of the discharged mortgage for your records.
Who needs michigan discharge of mortgage?
01
Anyone who has paid off their mortgage in the state of Michigan needs a Michigan Discharge of Mortgage. This form is used to officially release the mortgage lien on the property and is typically filed with the county clerk's office where the property is located. It provides proof that the mortgage has been satisfied and the property is free and clear of any liens.
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What is michigan discharge of mortgage?
Michigan discharge of mortgage is a legal document that releases a mortgage lien on a property.
Who is required to file michigan discharge of mortgage?
The lender or mortgagee is typically responsible for filing the michigan discharge of mortgage.
How to fill out michigan discharge of mortgage?
To fill out a michigan discharge of mortgage, you will need to provide information such as the property address, mortgage amount, and the names of the borrower and lender.
What is the purpose of michigan discharge of mortgage?
The purpose of michigan discharge of mortgage is to formally release the mortgage lien on a property once the loan has been paid off.
What information must be reported on michigan discharge of mortgage?
The michigan discharge of mortgage must include details such as the property address, legal description, mortgage amount, borrower and lender information.
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