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§ 34-20-050 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 34 - Property/
  5. Chapter 20 - Mortgages and Trust Deeds/
  6. Article 1 - Mortgages.sec. 34.20.010. Recording Assignment of Mortgage/
  7. § 34-20-050
Alaska Legal Code

§ 34-20-050

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If a mortgagee, or personal representatives, successors in interest or assigns of the mortgagee, after full performance of the condition of the mortgage, whether before or after a breach, for 10 days after being so requested in writing, and after tender of the reasonable charges, neglects or refuses to discharge the mortgage, or to execute and acknowledge a certificate of discharge or release of the mortgage, the mortgagee is liable to the mortgagor, the heirs, successors in interest, representatives or assigns of the mortgagor, in the sum of $300 damages, and also for all damages occasioned by the neglect or refusal.