Satisfaction piece

What is Satisfaction piece?

A form suitable for filing that a lender provides to the borrower indicating that the debt has been paid in full. The form is recorded in the courthouse and indexed to the recorded mortgage or other loan document, with a stamp that indicates that the debt was paid.

Further Reading

For more detailed information, see our related Security Transactions And Mortgages terms:

• Mortgage Refinance
• Forbearance
• Subordination
• Security Interest
• Non Recourse Loan

Reviewed by

Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

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