2011 Vermont Code
Title 27 Property
Chapter 5 CONVEYANCE OF REAL ESTATE
§ 463 By separate instrument


27 VT Stats § 463. (2011 through Adj Sess) What's This?

§ 463. By separate instrument

(a) Mortgages may be discharged by an acknowledgment of satisfaction, executed by the mortgagee or his attorney, executor, administrator or assigns, which shall be substantially in the following form:

I hereby certify that the following described mortgage is paid in full and satisfied, viz: ________ mortgagor to ________ mortgagee, dated ________ 20__, and recorded in book ___, page ___, of the land records of the town of __.

(b) When such satisfaction is acknowledged before a town clerk, notary public, master, county clerk, or judge or register of probate and recorded, it shall discharge such mortgage and bar actions brought thereon. (Amended 1973, No. 47, { 2, eff. April 12, 1973; 2003, No. 150 (Adj. Sess.), { 6.)

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