Alabama § 35-10-97 Effect of Recording Affidavit

Alabama Statutes

§ 35-10-97 — Effect of Recording Affidavit

Alabama·Title 35 Property·Ch. 10 Mortgages·Art. 5 Alabama Residential Mortgage Satisfaction Act

(a)Upon recording, an affidavit complying with the requirements of this article constitutes a termination of the security interest described in the affidavit.

(b)The recording of an affidavit of satisfaction of a security instrument does not extinguish, offset, or otherwise affect any responsibility or liability of a person for payment or performance of the debt or other obligation secured by the security instrument.

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(a) Upon recording, an affidavit complying with the requirements of this article constitutes a termination of the security interest described in the affidavit.
(b) The recording of an affidavit of satisfaction of a security instrument does not extinguish, offset, or otherwise affect any responsibility or liability of a person for payment or performance of the debt or other obligation secured by the security instrument.

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