§ 4947.
130 words·~1 min read·
/vt/title-12/chapter-172/4947A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4947. Foreclosure of equity of redemption; recording
(a)In an action for foreclosure under this subchapter where the time of redemption has expired, the party obtaining the foreclosure shall cause a certified copy of the judgment and the certificate of nonredemption to be recorded in the office where by law a deed of the lands is required to be recorded.
(b)If the plaintiff complies with subsection
(a)of this section, the expiration of the right of redemption under the decree shall foreclose the interest of subsequent purchasers, mortgagees, or attaching creditors whose interest in the property being foreclosed first arose after the filing of the complaint for foreclosure in the land records as provided in section 4932 of this chapter. (Added 2011, No. 102 (Adj. Sess.), § 1.)