Sec. 1. A person who transfers or assigns a mortgage within Indiana shall do so in writing by:

(1) noting the assignment or transfer on the record recording the mortgage; or

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Terms Used In Indiana Code 32-29-2-1

  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(2) separate written instrument.

A person who transfers or assigns a mortgage as described in this section shall cause the notation or written instrument to be acknowledged before an officer authorized to take acknowledgments of the execution of mortgages.

[Pre-2002 Recodification Citation: 32-8-12-1.]

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