Watauga County, NC - Register of Deeds

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		NOTICE OF STATUTORY CHANGES TO SATISFACTION METHODS NC Session Law 2005-123 (Senate Bill 734) Satisfaction of Mortgages and Deeds of Trust Viewable at: http://www.ncga.state.nc.us/Sessions/2005/Bills/Senate/HTML/s734V5.html Simplified satisfaction forms as outlined in statute will reduce rejections Old Certificate of Satisfaction and Notice of Satisfaction forms are still valid but Affidavit of Lost Note no longer required Registers no longer required to verify reference information on satisfaction documents Presentation of original security document accompanied by original note with endorsement of payment is still a valid form of cancellation SB 734 simplifies verification of information in notary by registers of deeds Returned documents will no longer contain: Statement of cancellation signed by register of deeds Certification of acknowledgment signed by register of deeds There continues to be no fee for satisfaction documents.
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