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
:
MORTGAGES
(Cite as: 27 V.S.A. § 465)
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§ 465. When mortgagee dead
When it appears from the record of a mortgage on real estate that the mortgage is
undischarged, and the mortgagee, or the person to whom the mortgage is assigned, is
deceased, the owner of the real estate may make written application to the Probate
Division of the Superior Court of the district within which the real estate is situated
for the appointment of an administrator of the estate of the deceased mortgagee or
assignee to discharge the mortgage. The Probate Division of the Superior Court may
appoint an administrator of the deceased mortgagee or assignee to discharge the mortgage,
if upon hearing and upon payment of the costs of the hearing, the administrator is
satisfied that the conditions of the mortgage have been complied with and is further
satisfied that there is no person within the State having authority to discharge the
mortgage. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2023, No. 6, § 335, eff. July 1, 2023.)