2005 Idaho Code - 45-915 — MORTGAGE -- SATISFACTION -- FAILURE TO RELEASE OF RECORD -- PENALTY

                                  TITLE  45
                         LIENS, MORTGAGES AND PLEDGES
                                  CHAPTER 9
                             MORTGAGES IN GENERAL
    45-915.  MORTGAGE -- SATISFACTION -- FAILURE TO RELEASE OF RECORD --
PENALTY. When any mortgage, affecting the title to real property, has been
satisfied, the holder thereof or his assignee must immediately, on the demand
of the mortgagor, purchaser, or the successor in interest of either, execute,
acknowledge, and deliver to him a certificate of the discharge thereof so as
to entitle it to be recorded, or he must enter satisfaction or cause
satisfaction of such mortgage or affecting the title to real property, to be
entered of record; and any holder, or assignee of such holder, who refuses to
execute, acknowledge, and deliver to the mortgagor, purchaser, or the
successor in interest of either, the certificate of discharge, or to enter
satisfaction, or cause satisfaction of the mortgage to be entered, as provided
in this chapter, is liable to the mortgagor, purchaser, or his grantee or
heirs, for all damages which he or they may sustain by reason of such refusal,
and shall also forfeit to him or them the sum of $100.