Vermont Statutes Title 12 Sec. 2905
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Terms Used In Vermont Statutes Title 12 Sec. 2905
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
§ 2905. Discharge of judgment lien
A judgment lien shall be discharged in the same manner as a mortgage pursuant to 27 Vt. Stat. Ann. chapter 5. The obligation to discharge and liability for breach of that obligation shall be as provided in 27 V.S.A. § 464. (Added 1979, No. 67, § 3, eff. date, see note set out below.)