Code of Virginia - Title 55 Property And Conveyances - Section 55-66.8 Applicability.

§ 55-66.8. Applicability.

The procedure authorized by this article for the release of a mortgage using an automated electronic recording system may be used to effect the release of a mortgage regardless of when the mortgage was created, assigned, or satisfied by payment made by the settlement agent. The procedure authorized by this section for the release of a mortgage shall constitute an optional method of accomplishing a release of a mortgage secured by property in the Commonwealth.

(2006, c. 907.)

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Last modified: April 3, 2009