2014 Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 75 - LICENSE TO SELL AND CONVEY REAL AND PERSONAL PROPERTY
Subchapter 2: LICENSES TO SELL-PROCEDURE
§ 1664 Encumbered property; disposition of surplus
§ 1664. Encumbered property; disposition of surplus
After payment of the debts secured, the surplus of such sale shall be administered by the executor or administrator as such property would be if it were not held as security. A certificate of such sale, filed by the executor or administrator in the office of the clerk where by law a deed of such property is required to be recorded, shall operate as a discharge of such mortgage or lien.
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
