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. § 4970)
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§ 4970. Form and effect of foreclosure deed
(a) The foreclosure deed shall be in substantially the following form:
______ of ______ County, ______ State of ______ , holder of a mortgage from ____ to ____ dated ____ , recorded in ____ Book____ at Page ____ of the Town of ____ Land Records, by the power conferred by said mortgage and every other power, for
____ dollars paid, grant to ______ , (complete mailing address) ______ , of ______ Street, Town (City) of ____ , ______ County, State of ______ , the premises conveyed by said mortgage.
(Here add acknowledgment)
(b) A deed substantially in the form set forth in subsection (a) of this section shall,
when duly executed and delivered, have the force and effect of a deed in fee simple
to the grantee, heirs, successors, and assigns, to their own use, with covenants on
the part of the mortgagee, for himself or herself, that, at the time of the delivery
of such deed, the mortgagee was duly authorized to make sale of the mortgaged property;
that in all of the mortgagee’s proceedings in the sale thereof, the mortgagee has
complied with the requirements of this subchapter; and that the mortgagee will warrant
and defend the same to the grantee, heirs, successors, and assigns against the lawful
claims of all persons claiming by, from, or under him or her. (Added 2011, No. 102 (Adj. Sess.), § 1.)