Code of Virginia § 55.1-345. Recordation of certificate of satisfaction, etc., required when release of lien recorded.

141 words·~1 min read·/va/title-55-1/chapter-3/55-1-345

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Whenever a release of a deed of trust or other obligation is recorded in the office of the clerk of any circuit court, such clerk shall record a certificate of satisfaction or certificate of partial satisfaction, stating that such deed or other obligation is released. The fee charged by the clerk for recording such release shall be paid by the lien debtor. Such certificate shall be indexed in the name of the grantors and grantees of the instrument being released. If any clerk fails for 10 days to do anything required of him by this section, he shall be liable for any damage that any person may sustain by reason of such failure.

Code 1919, § 3402; Code 1950, § 55-66.6; 1975, c. 469; 1979, c. 648; 1991, c. 414; 1993, c. 39; 2010, c. 352 ; 2019, c. 712 .