{"data":{"id":"us-nc/n.c.-gen.-stat.-45-36.14","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 45-36.14","heading":"Affidavit of satisfaction: notification to secured creditor.","body":"(a)\tIf a secured creditor has not submitted for recording a satisfaction of a security instrument and the security instrument has not been satisfied of record by any of the methods provided by G.S. 45-37(a) within the period specified in G.S. 45-36.9(a), a satisfaction agent acting for and with authority from the landowner may give the secured creditor a notification that the satisfaction agent intends to submit for recording an affidavit of satisfaction of the security instrument. The notification must include all of the following:\n(1)\tThe identity and mailing address of the satisfaction agent.\n(2)\tIdentification of the security instrument for which a recorded satisfaction is sought, including the names of the original parties to, and the recording data for, the security instrument.\n(3)\tA statement that the satisfaction agent has reasonable grounds to believe that:\na.\tThe person to whom the notification is being given is the secured creditor; and\nb.\tThe secured creditor has received full payment or performance of the secured obligation.\n(4)\tA statement that the security instrument has not been satisfied of record.\n(5)\tA statement that the satisfaction agent, acting with the authorization of the owner of the real property described in the security instrument, intends to sign and submit for recording an affidavit of satisfaction of the security instrument unless, within 30 days after the effective date of the notification:\na.\tThe secured creditor submits a satisfaction of the security instrument for recording;\nb.\tThe satisfaction agent receives from the secured creditor a notification stating that the secured obligation remains unsatisfied;\nc.\tThe satisfaction agent receives from the secured creditor a notification stating that the secured creditor has assigned the security instrument and identifying the name and address of the assignee; or\nd.\tThe security instrument is satisfied of record by any of the methods provided in G.S. 45-37(a).\n(b)\tA notification under subsection (a) of this section must be sent by a method authorized by G.S. 45-36.5 that provides proof of receipt to the secured creditor's address for giving a notification for the purpose of requesting a payoff statement or, if the satisfaction agent cannot ascertain that address, to the secured creditor's address for notification for any other purpose.\n(c)\tThis Article does not require a person to agree to serve as a satisfaction agent.\n(d)\tA satisfaction agent does not have to give the notification described in this section if (i) the secured creditor has authorized the satisfaction agent to sign and submit an affidavit of satisfaction; (ii) the satisfaction agent has in his or her possession the instruments described in G.S. 45-36.15(a)(3), (a)(4), or (a)(5); or (iii) after diligent inquiry, the satisfaction agent has been unable to determine the identity of the secured creditor because, for example, the last known secured creditor no longer exists and the satisfaction agent has been unable to identify any successor-in-interest to the last known secured creditor. (2005-123, s. 1; 2013-204, s. 2.2.)","path":["Chapter 45. Mortgages and Deeds of Trust.","Article 4. Satisfaction."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_45/GS_45-36.14.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:02:57Z","sha256":"d1993dd36508d6a873d4c91a3dc6793b9abc2576655f90f9185f995f8ec9075f","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-45-36.13","next":"us-nc/n.c.-gen.-stat.-45-36.15"},"notice":"GroundRules: Original legal text. Not legal advice."}