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

资深译员Laura，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与美国公司法规有关的法律文件。