Wilson County North Carolina
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Satisfactions
What is a Satisfaction?
A satisfaction is a document showing proof that you have paid a deed of trust (instrument that secures the repayment of a sum of money or the performance of other conditions) in full. A recorded satisfaction releases the deed of trust from the land records in the country where the property is located.

Check with your attorney for further assistance.

The Three Methods of Cancellation
There are three different methods for cancelling deeds of trusts and mortgages:
  1. The original Deed of Trust and original Promissory Note are submitted. Both must be marked Paid and Satisfied and must be signed and dated by the appropriate party.
  2. The Trustee or Substitute Trustee may submit a Trustee's Satisfaction of Deed of Trust. The Trustees Satisfaction of Deed Trust must be signed by the Trustee or Substitute Trustee and acknowledged by a Notary Public and contain all the information required by G.S. 45-36.20  and G.S. 45-37(a)(7).
  3. The secured creditor in the security instrument may sign a Satisfaction of Security Instrument. The Satisfaction of Security Instrument must be signed by the secured party and acknowledged by a Notary Public and contain all the information required by G.S. 45-36.10 and G.S. 45-37(a)(7).

 


There is no fee for recording cancellation documents.


County of Wilson North Carolina Old Fashioned Charm with a Modern Twist
2201 Miller Road South • Wilson, NC 27893 • Ph. (252) 399-2803
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