Washington Code > Chapter 61.16 – Assignment and satisfaction of real estate and chattel mortgages
Current as of: 2023 | Check for updates
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Other versions
| § 61.16.010 | Assignments, how made — Satisfaction by assignee |
| § 61.16.020 | Mortgages, how satisfied of record |
| § 61.16.030 | Failure to acknowledge satisfaction of mortgage — Damages — Order |
Terms Used In Washington Code > Chapter 61.16 - Assignment and satisfaction of real estate and chattel mortgages
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080