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Searching 2019-2020 Session

The Vermont Statutes Online

The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.

Title 27 : Property

Chapter 005 : CONVEYANCE OF REAL ESTATE

Subchapter 004 : MORTGAGES

(Cite as: 27 V.S.A. § 463)
  • § 463. By separate instrument

    (a) Mortgages may be discharged by an acknowledgment of satisfaction, executed by the mortgagee or his or her 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 ________________________________________.

     Subsection (b) effective until July 1, 2019; see also subsection (b) effective July 1, 2019 .

    (b) When such satisfaction is acknowledged before a town clerk, notary public, master, or county clerk, and recorded, it shall discharge such mortgage and bar actions brought thereon.

     Subsection (b) effective July 1, 2019; see also subsection (b) effective until July 1, 2019 .

    (b) When such satisfaction is acknowledged before a notary public 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; 2017, No. 28, § 6, eff. May 10, 2017; 2017, No. 160 (Adj. Sess.), § 4, eff. July 1, 2019.)