Wednesday, September 25, 2013

Uniform Residential Mortgage Satisfaction Act

Uniform Residential Mortgage Satisfaction Act (Download)
Watch Video here

This act is a Jewel for anyone who needs to Secure their property from a Mortgage Company that does not want to release a claim. This is especially beneficial to facilitate the release of liens and encumbrances, and to establish clear title for your property after tendering an Instrument or order for discharge.
The Uniform Residential Mortgage Satisfaction Act provides the lawful support, for one to remove the presumed lien or encumbrance that may exist in the records, by simply appointing a third party as a Satisfaction Agent, who then gives notice to the alleged Mortgage Company that s/he has reason to believe that the Mortgage debt has been satisfied, and that unless the alleged Mortgager responds to the inquiries under penalty of perjury, then the Satisfaction Agent, will enter into the record, an Affidavit of Satisfaction. 

This Affidavit is the asset, that satisfies the mortgage, and clears the way for you to convey the property to be held in Trust. Never underestimate the importance of collapsing the Mortgage Trust. The instructions for creating the Affidavit are written in the above URMS Act

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