2023 Vermont Statutes
Title 27 - Property
Chapter 5 - Conveyance of Real Estate
§ 465. When mortgagee dead
§ 465. When mortgagee dead
When it appears from the record of a mortgage on real estate that the mortgage is undischarged, and the mortgagee, or the person to whom the mortgage is assigned, is deceased, the owner of the real estate may make written application to the Probate Division of the Superior Court of the district within which the real estate is situated for the appointment of an administrator of the estate of the deceased mortgagee or assignee to discharge the mortgage. The Probate Division of the Superior Court may appoint an administrator of the deceased mortgagee or assignee to discharge the mortgage, if upon hearing and upon payment of the costs of the hearing, the administrator is satisfied that the conditions of the mortgage have been complied with and is further satisfied that there is no person within the State having authority to discharge the mortgage. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2023, No. 6, § 335, eff. July 1, 2023.)
