Mortgage in Delaware, Powell, Ohio
A mortgage pledges the property as security for a loan. Recorded, it is a lien that comes ahead of later liens and stays on the title until a satisfaction or release is recorded. In Delaware, Powell, mortgages are recorded with the Delaware County Recorder, and a HeritageDeed title search lists them for the property.
How Delaware, Powell records it
A mortgage takes effect when it is delivered to the recorder for record, and the first mortgage recorded has preference (R.C. 5301.23).
Within ninety days after a mortgage is satisfied, the mortgagee must record a release of it with the county recorder (R.C. 5301.36), so a mortgage with no recorded release is still of record.
The Delaware County Recorder's records carry every party to a document, the consideration (the loan amount on a mortgage), the lot and subdivision, often the Auditor's parcel number, and marginal notations that cross-reference a mortgage and its discharge.
What it means for a buyer or bidder
A recorded mortgage with no satisfaction of record is an open lien, even if the loan was paid: it has to be released or paid at a sale.
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; Each mortgage's discharge, matched by the Recorder's cross-reference.
Not covered: The Recorder's electronic records begin with deeds from 1978 and mortgages from 1983; older documents may need an in-office search.
More about Delaware, Powell records
- Deed
- Satisfaction or release
- Assignment of mortgage
- Abstract of judgment
- Check for liens
- Find the owner
- Search deeds
Search a Delaware, Powell property's records
AI title search, $49 per report. Usually ready in about a minute. Full refund if we can't deliver.