The instrument given by the mortgagee to the mortgagor indicating discharge of the mortgage, stating that the obligation has been fulfilled and the debt paid off.
A written instrument releasing the lien of a mortgage on real property. See also Certificate of Discharge. Request for Reconveyance - An instrument executed by a trust deed holder directing the trustee to convey legal title to the property involved back to the owner. Most often, a form for this request is printed on the back of the trust deed so that the creditor may execute it when the debt is satisfied. Nevertheless, it may also be a separate instrument.
A recordable instrument that transfers title from a mortgagee to the mortgagor when title is held as collateral security for a debt. Most commonly used upon payment in full of a mortgage.