Satisfaction of Mortgage
Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.
A satisfaction of mortgage is a document, signed by the lender and recorded in the public records, confirming that a mortgage debt has been paid and releasing the mortgage lien.
Without it, the old mortgage can still appear as a lien on title.
Florida
Florida law requires a mortgagee to send or record a satisfaction within a set time after payoff under section 701.04, Florida Statutes.
At Closing
When a sale pays off the seller's loan, the title company collects the payoff and tracks recording of the satisfaction. See title insurance.
A Hypothetical Example
After a sale pays off the seller's $1.1 million mortgage on a Lakeland office building, the title company confirms the lender records a satisfaction in Polk County. When it hasn't appeared after several weeks, the title company follows up, and the satisfaction is recorded, clearing the buyer's title. Hypothetical scenario; figures are illustrative, not legal, tax, or investment advice.
From the Desk
A payoff isn't finished until the satisfaction is recorded. Check the records.
Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).
Why Choose Michael R. Linton and Linton Global Solutions for Your Satisfaction of Mortgage Decision?
Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.
Frequently Asked Questions
What is a satisfaction of mortgage?
A recorded document releasing a paid-off mortgage lien.
Who records it?
The lender, or it's provided for recording after payoff.
What Florida law applies?
Section 701.04, Florida Statutes.
What if it's never recorded?
The old mortgage can still cloud title until released.
How is it tracked at closing?
The title company collects the payoff and follows up on recording.
Article Summary
A satisfaction of mortgage releases a paid-off lien; Florida requires lenders to provide it under s. 701.04.
Key Takeaways
- ✓A satisfaction of mortgage releases a paid-off lien.
- ✓Florida requires lenders to provide it under s. 701.04.
- ✓See the FAQs below.
About Michael R. Linton
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.
Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com
Ready to Talk About Your Satisfaction of Mortgage Deal?
Get a free consultation with Michael R. Linton — 39 years of CRE experience. Zero pressure.
Schedule a Free ConsultationWorks Cited
- The Florida Legislature. "Section 701.04, Florida Statutes: Cancellation of mortgages, liens, and judgments." Online Sunshine, http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0701/0701.html. Accessed Oct 9, 2026.
- Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.
Disclosure & Compliance
Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.