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§ 55-1-346 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 55-1-346

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The procedure authorized by this article for the release of a security interest in real property using an automated electronic recording system may be used to effect the release of a security interest regardless of when the security interest was created, assigned, or satisfied by payment made by the settlement agent. The procedure authorized by this section for the release of a security interest shall constitute an optional method of accomplishing a release of a security interest secured by property in the Commonwealth.\n2006, c. 907, § 55-66.8; 2019, c. 712.