Lien on Real Property; Entry of Satisfaction

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Sec. 1. (a) If a grantee has satisfied a lien on real property, the grantor shall, upon the request of the grantee, record on the lien record that the lien has been satisfied.

(b) Recording on the record of a lien under subsection (a) that the lien has been satisfied operates as a complete discharge of the lien.

[Pre-2002 Recodification Citation: 32-8-5-1.]

As added by P.L.2-2002, SEC.13.


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