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Satisfaction Methods
NOTICE
SL 2005-123 (SB 734)
Mortgage Satisfaction Act
Effective October 1, 2005
Significant Changes:
	Registers no longer will certify that instruments to be recorded have been duly proved or acknowledged, or that the proof or acknowledgment is in due form – instead, registers review instruments for basic requirements and, if they are present, record Deeds of trust and mortgages can be satisfied on the record with a simple instrument prepared and signed by the trustee or secured creditor and acknowledged Borrowers’ attorneys can prepare and record affidavits of satisfaction when secured creditors fail to provide satisfactions Registers’ marginal notes are no longer authorized For more information, you can visit the NC General Assembly web site. You can search the web site for Session Law 2005-123 or Bill #734 in the upper left corner of the page.
Effective October 1, 2011
	Session Law 2011-246(H312) ends the use of satisfaction by presentation of original instruments effective October 1, 2011. The following methods of cancellation remain unchanged: satisfaction of security instrument, the trustee's satisfaction of a deed of trust, notice of satisfaction, and certificate of satisfaction.