There is a newer version of the Code of Alabama
2014 Code of Alabama
Title 35 - PROPERTY.
Chapter 10 - MORTGAGES.
Section 35-10-97 - Effect of recording affidavit.
AL Code § 35-10-97 (2014) What's This?
Section 35-10-97Effect of recording affidavit. (a) Upon recording, an affidavit complying with the requirements of this article constitutes a termination of the security interest described in the affidavit.
(b) The recording of an affidavit of satisfaction of a security instrument does not extinguish, offset, or otherwise affect any responsibility or liability of a person for payment or performance of the debt or other obligation secured by the security instrument.
(Act 2012-278, p. 554, §8.)Disclaimer: These codes may not be the most recent version. Alabama 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.
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