§ 55.1-342 — Permissible form for certificate of satisfaction or certificate of partial satisfaction

Virginia § 55.1-342

• Jurisdiction: Virginia
• Title 55.1: Property and Conveyances
• Subtitle I: Property Conveyances
• Ch. 3: Form and Effect of Deeds and Covenants; Liens
• Art. 2: Form and Effect of Deeds of Trust; Sales Thereunder; Assignments; Releases

Text

Any release by a certificate of satisfaction or certificate of partial satisfaction shall be in conformity with §§ 55.1-339, 55.1-340, and 55.1-341 and shall conform substantially with the following Certificate of Satisfaction or Certificate of Partial Satisfaction forms:

CERTIFICATE OF SATISFACTION

Place of Record ____________

Date of Note/Deed of Trust ____________

Face Amount Secured/Face Amount of Note: ____________

Deed Book ______ Page ____

Name(s) of Grantor(s)/Maker(s); ____________

Name(s) of Trustee(s) ____________

Face Amount of Note(s) $______

I/we, holder(s) of the above-mentioned note(s) secured by the above-mentioned deed of trust, do hereby certify that the same has/have been paid in full, and the lien therein created and retained is hereby released.

GIVEN UNDER MY/OUR HAND(S) THIS ______ DAY OF ________, 20__.

________________

________________

(NOTE HOLDERS)

Commonwealth of Virginia,

County/City of ____________ to wit:

Subscribed, sworn to, and acknowledged before me by ____________ this ______ day of ______, 20__.

My Commission Expires: ____________

________________

NOTARY PUBLIC

Notary Registration Number: ____________

VIRGINIA;

IN THE CLERK'S OFFICE OF THE CIRCUIT COURT

This certificate was presented, and with the Certificate annexed, admitted to record on ________ at ____ o'clock _.m.

Clerk's fees: $______ have been paid.

Attest: ________, Deputy Clerk

CERTIFICATE OF PARTIAL SATISFACTION

Place of Record ________________

Date of Deed of Trust _

Deed Book ______ Page ____

Name(s) of Grantor(s) ________________

Name(s) of Trustee(s) ________________

Maker(s) of Note(s) ________________

Date of Note(s) ________________

Face Amount of Note(s) $________

The lien of the above-mentioned deed of trust securing the above-mentioned note is released insofar as the same is applicable to ____________ (description of property) recorded in deed book ________ at page ____ in the clerk's office of this court. The undersigned is/are the legal holder(s) of the obligation, note, bond, or other evidence of debt secured by said deed of trust.

Given under my/our hand(s) this ________ day of ________, 20__.

________________

________________

(NOTE HOLDERS)

Commonwealth of Virginia,

County/City of ____________ to wit:

Subscribed, sworn to, and acknowledged before me by ____________ this ________ day of ________, 20__.

My Commission Expires: ____________

________________

NOTARY PUBLIC

Notary Registration Number: ____________

The clerk shall satisfy the requirements of § 17.1-228.

Certificates conforming to this section prior to the amendment effective July 1, 1984, shall be deemed to be in substantial conformity to this section.

Legislative History

1975, c. 469, § 55-66.4:1; 1977, c. 254; 1982, c. 420; 1983, c. 220; 1984, c. 376; 1990, c. 328; 1994, c. 929; 1995, c. 271; 1996, c. 949; 2014, c. 330; 2019, c. 712.