Assignment of mortgage in Delaware, Powell, Ohio
An assignment transfers a recorded mortgage or deed of trust from one lender or holder to another. Loans are often assigned several times. In Delaware, Powell, assignments of mortgage are recorded with the Delaware County Recorder, and a HeritageDeed title search lists them for the property.
What it means for a buyer or bidder
The holder named in the last recorded assignment is the one that must record the satisfaction; a gap in assignments can delay a release.
Does a title search find it in Delaware, Powell?
Yes. The Delaware, Powell report covers: Mortgages with their recorded amounts, discharges, assignments and liens recorded with the Delaware County Recorder.
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