Satisfaction or release in Waukegan, Illinois
A satisfaction (also called a release, reconveyance or discharge) is recorded by the lender after a loan is paid, to take its mortgage or deed of trust off the title. In Waukegan, satisfactions and releases are recorded with the Lake County Clerk, Recordings, and a HeritageDeed title search lists them for the property.
How Waukegan records it
Deeds, mortgages, releases and liens in Lake County are recorded with the County Clerk's recordings division.
What it means for a buyer or bidder
Matching every loan to its satisfaction is the core of a lien search: an unmatched loan is still open of record.
Does a title search find it in Waukegan?
Yes. The Waukegan report covers: Deeds, mortgages, releases, assignments, liens and lis pendens indexed under the owner's name with the County Clerk; Mortgages matched to releases by the index's cross-references; earlier owners' loans set apart.
More about Waukegan records
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