South Carolina Code 29-3-790. Form of release of lien
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The release, cancellation, and satisfaction of lien required under § 29-3-780 must be made in writing and signed by the officer and must be in the following form:
"Lien of mortgage recorded in, (Mortgage Book and Page) is released, canceled, and satisfied by sale (Office) under foreclosure the _____ day of, , (Month) (Year) See Judgment Roll No. ______."
Terms Used In South Carolina Code 29-3-790
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.