satisfaction of mortgage

satisfaction of mortgage.

1. The complete payment of a mortgage.

2. A discharge signed by the mortgagee or mortgage holder indicating that the property subject to the mortgage is released or that the mortgage debt has been paid and the mortgage conditions have been fully satisfied. [Cases: Mortgages 309–315. C.J.S. Mortgages §§ 451, 465–466, 468, 477–485, 488.]

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词条贡献者

译者蒋毅，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与破产与资产重组相关的法律文件。