Completing the steps and follow up Status

The processing of a Payout Statement/Discharge file on Assyst Real Estate requires you to follow a process and complete different steps along the way.

For each status completed, a check mark will appear beside the status, along with the date and time stamp of when the file went into that status.  

Each status is presented chronologically and the second cannot be activated before the first and so on. The status Certified Payout Statement Received and Authorization to Discharge are managed by the Lender. The box to the left of status will be checked by the system only when the Certified Payout Statement has been sent & received by the lawyer/notary.  The Authorization to Discharge will be checked once the lender has reviewed the discharge information and is ready to process the discharge.

In the Discharge status section, the following statuses are presented and check boxes indicate the different stages of the process where an action has been or shall be taken: