Legal Question in Real Estate Law in North Carolina
How to document satisfaction of promissory note?
My husband and I have completed paying a note (paid in full)to his parents, and now we need to document satisfation (or release?) of the note. The note was for partial payment of a home but it is unsecured. How is this done?
Asked on 1/15/07, 12:05 pm
1 Answer from Attorneys
Dennis Gibson
Law Office of Dennis Gibson
Re: How to document satisfaction of promissory note?
An attorney should be able to draft a document showing that it was paid. However, if there are deed issues involved then you're dealing with recording issues as well.
Answered on 1/15/07, 3:21 pm