Ind. Code § 32-29-1-6

Current through P.L. 171-2024
Section 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.

IC 32-29-1-6

Pre-2002 Recodification Citation: 32-8-11-5.

As added by P.L. 2-2002, SEC.14.