2011 Vermont Code
Title 14 Decedents' Estates and Fiduciary Relations
Chapter 75 LICENSE TO SELL AND CONVEY REAL AND PERSONAL PROPE
§ 1664 Encumbered property; disposition of surplus
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TITLE 14
Decedents' Estates and Fiduciary Relations
PART III
Administration and Settlement of Decedents' Estates
CHAPTER 75. LICENSE TO SELL AND CONVEY REAL AND PERSONAL PROPERTY
Subchapter II. Licenses to Sell-Procedure
§ 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.
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