Methods of satisfactions under North Carolina law are:

Satisfaction of a Security Instrument: A “Satisfaction of Security Instrument” signed by the mortgagee, Deed of Trust Beneficiary or other secured creditor may be presented for recording.  The "Satisfaction of Security Instrument" must be signed by the secured party and acknowledged by a Notary Public and contain all the information required by G.S. 45-36.10 and G.S. 45-37(a)(7). There is no fee for recording cancellation documents.

Trustees Satisfaction of Deed of Trust: The Trustee or Substitute Trustee may submit a “Trustees Satisfaction of Deed of Trust.”  The "Trustee's Satisfaction of Deed of Trust" must be signed by the Trustee or Substitute Trustee and acknowledged by a Notary Public and contain all the information required by G.S. 45-36.20 and G.S. 45-37(a)(7). There is no fee for recording cancellation documents.

Notice of Satisfaction: A trustee or mortgagee may submit a “Notice of Satisfaction”.  The “Notice of Satisfaction” must be signed by the trustee or mortgagee and acknowledged by a Notary Public and contain all the information required by G.S. 47.46.1.  There is no fee for recording cancellation documents.

Affidavit of Satisfaction: If a secured creditor fails to submit a satisfaction document as required by law, an attorney authorized to practice law in North Carolina, acting as “satisfaction agent” may record an “Affidavit of Satisfaction” after having completed the statutory procedures for demanding a satisfaction document from the secured creditor.  The “Affidavit of Satisfaction” must contain the information prescribed by G.S. 47.36.16 and can only be signed by the borrower’s attorney acting as their satisfaction agent.  The satisfaction agent’s signature must be acknowledged.

Fees : There is no fee for recording cancellation documents.

The following forms may be downloaded for your use.