When a Michigan mortgage is paid off, the mortgagee signs this discharge so the Register of Deeds can show the mortgage is satisfied of record. When a Michigan mortgage is paid off, the mortgagee signs this discharge so the Register of Deeds can show the mortgage is satisfied of record.
Serving Michigan. Our mobile notaries serving Michigan are commissioned in Michigan and travel to your home, office, hospital, or other convenient location.
When a Michigan mortgage is paid off, the mortgagee signs this discharge so the Register of Deeds can show the mortgage is satisfied of record.
What you'll need
Read the packet and check the receiving agency's required form.
Gather the names, dates and supporting records requested in the document.
Review the packet's signing, identification and witness instructions.
How to complete it
Drafted by and return to (top of Page 1) Enter who drafted the document and where the Register of Deeds should return it. Leave the space above the dotted line blank.
Who signs The mortgagee (lender) or its assignee, or an authorized officer.
Sign before a notary (Page 3) Bring a current, government-issued photo ID.
Record the original with the Register of Deeds of the county where the property is located.
Michigan law requires the mortgagee to record a discharge within 30 days after the mortgage is paid in full (MCL 565.41).
Michigan real estate loans are secured by a mortgage. This form follows Michigan’s statutory short form (“mortgages and warrants”) with a power of sale. Use it for a private, family, or seller-financed loan.
A promissory note is a written promise to repay a loan, such as a loan between family members or friends, with the interest rate and payment schedule spelled out.
These forms are a free convenience, not legal advice. First Choice Mobile Notary & Apostille is not a law firm. Consult an attorney licensed in the relevant state for legal questions.