The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
004
:
FORECLOSURE BY NONJUDICIAL SALE
(Cite as: 12 V.S.A. § 4964)
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§ 4964. Recording
The mortgagee shall record the notice of sale in the land records of the town or city
where the land lies not less than 60 days prior to the sale. The filing of the notice
of the sale shall be in lieu of filing a foreclosure complaint under section 4932 of this title and shall be sufficient notice of the pendency of the nonjudicial foreclosure by
power of sale to all persons who acquire any interest or lien in the mortgaged property
between the dates of recording the notice of sale and recording the foreclosure deed.
Without further notice or service, those persons shall be bound by the power of sale
and the foreclosure deed and shall be foreclosed from all rights or equity in the
mortgaged property. (Added 2011, No. 102 (Adj. Sess.), § 1.)