What Is a Discharge of Mortgage Form?

What Is a Discharge of Mortgage Form?

A discharge of mortgage form is the form filed with the appropriate office for records when a mortgage on a home is paid off, explains the Norfolk County Register of Deeds. The form clears the title of the home to which the mortgage was attached.

The discharge of mortgage forms outlines the details of the mortgage, including the name of the owner, the property location and the name of the lender, according to Find Legal Forms. The form states that the terms of the mortgage have been met and that no additional money is due. The form also notes that the borrower is free from any obligation to the lender.