The three methods of cancellation are:
First: A satisfaction document that satisfies the requirements of NCGS 45-36.10.
Second: An affidavit of satisfaction that satisfies the requirements of NCGS 45-36.16.
Third: A trustee’s satisfaction that satisfies the requirements of NCGS 45-36.20, but only if the security instrument is a Deed of Trust.
There is no fee for recording cancellation documents.
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