Methods of Cancellation

The method of cancellation of Deeds of Trust will be by recording a notarized Certificate of Satisfaction signed by the Trustee or Beneficiary of the Deed of Trust. Cancellation by exhibition of the original instruments was discontinued October 1, 2011.

A cancellation 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 cancellation releases the deed of trust from the land records in the county where the property is located.

Check with your own attorney for further assistance.

Cancellation Methods
There are 2 different methods for cancelling deeds of trusts and mortgages.

Trustee's Satisfaction of Deed of Trust

First - The Trustee or Substitute Trustee may submit a "Trustee's Satisfaction of Deed of Trust". The "Trustee's Satisfaction of Deed of 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.

Satisfaction of Security Instrument
Second - The beneficiary in the security instrument may sign a "Satisfaction of Security Instrument". The "Satisfaction of Security Instrument" must be signed by the beneficiary 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 Satisfaction documents.
The following forms may be downloaded for your use.