Indiana Statutes
§ 32-29-1-6 — Payment in full; release and discharge of mortgage
After a mortgagee of property whose mortgage
has been recorded has received full payment from the mortgagor of the
sum specified in the mortgage, the mortgagee shall, at the request of
the mortgagor, enter in the record of the mortgage that the mortgage
has been satisfied. An entry in the record showing that a mortgage has
been satisfied operates as a complete release and discharge of the
mortgage.
[Pre-2002 Recodification Citation: 32-8-11-5.]
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Legislative History
As added by P.L.2-2002, SEC.14.
Nearby Sections
15
§ 32-16-1-1
"Prior property law"§ 32-16-1-2
Purpose of recodification§ 32-16-1-3
Statutory construction of recodification§ 32-16-1-4
Effect of recodification§ 32-16-1-5
Recodification of prior property law§ 32-16-1-6
References to repealed statutes§ 32-16-1-7
References to citations§ 32-16-1-8
References to prior rules§ 32-16-1-9
References to prior property law§ 32-17-1-1
"Grantor"§ 32-17-1-2
Fee simple conveyance§ 32-17-1-3
Estates tail; abolition§ 32-17-1-4
Lineal and collateral warranties; abolition§ 32-17-10-1
Application of chapter