Cancellation of Deeds of Trust

Cancellations and Satisfactions

Deeds of Trust and Mortgage are security instruments that are canceled or satisfied by the noteholder after the debt has been paid in full. The Satisfaction document is recorded in the Register of deeds office. Deeds are titles to property showing ownership, they are not canceled. The Deed is given to the borrower after the sale or transfer of the real estate property. It is not held by the bank or the lender like a mortgage or Deed of Trust.

It is the responsibility of the owner or noteholder to cancel the Deed of Trust in the county where it was recorded. There is NO FEE to cancel a note.

The borrower can contact the Register of deeds office to verify that the loan has been marked satisfied or canceled before requesting a copy of the record.

Note:Copies of Mortgage Payoffs, Cancelations, and Satisfactions are not automatically mailed to the customer after the loan has been paid in full.

Deeds of Trust and Mortgages can be canceled or satisfied with one of these documents.

• Satisfaction of Security Instrument
• Trustee’s Satisfaction
• Notice of Satisfaction
• Certificate of Satisfaction
• Affidavit of Satisfaction