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2004 SESSION
SB 505 Deed of trust or other lien; lien creditor to directly file a certificate of satisfaction.
Introduced by: William C. Mims | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
Release of deed of trust or other lien. Allows a lien creditor to directly file a certificate of satisfaction with the clerk unless he receives notice from a settlement agent to deliver the certificate to such settlement agent. If the certificate is filed directly with the clerk prior to receipt of a notice from a settlement agent, the lien creditor will provide the settlement agent with a copy of the certificate.
SUMMARY AS INTRODUCED:
Release of deed of trust or other lien. Allows a lien creditor to directly file a certificate of satisfaction with the clerk instead of going through a settlement agent or attorney.