(a) Upon recording, an affidavit substantially complying with the requirements of section 143c constitutes a satisfaction of the security instrument described in the affidavit.
(b) The recording of an affidavit of satisfaction of a security instrument does not by itself extinguish any liability of a person for payment or performance of the secured obligation.
(c) The Office of the Lieutenant Governor, Division of the Recorder of Deeds may not refuse to accept for recording an affidavit of satisfaction of a security instrument unless:(1) an amount equal to or greater than the applicable recording fees and taxes is not tendered;(2) the affidavit is submitted by a method or in a medium not authorized by the Office of the Lieutenant Governor or the Recorder of Deeds; or(3) the affidavit is not signed by the satisfaction agent and acknowledged as required by law for a conveyance of an interest in real property.
(1) an amount equal to or greater than the applicable recording fees and taxes is not tendered;
(2) the affidavit is submitted by a method or in a medium not authorized by the Office of the Lieutenant Governor or the Recorder of Deeds; or
(3) the affidavit is not signed by the satisfaction agent and acknowledged as required by law for a conveyance of an interest in real property.