45-1514. RECONVEYANCE UPON SATISFACTION OF OBLIGATION. Upon performance of the obligation secured by the deed of trust, the trustee upon written request of the beneficiary shall reconvey the estate of real property described in the deed of trust to the grantor; providing that in the event of such performance and the refusal of any beneficiary to so request or the trustee to so reconvey, as above provided, such beneficiary or trustee shall be liable as provided by law in the case of refusal to execute a discharge or satisfaction of a mortgage on real property.
History:
[45-1514, added 1957, ch. 181, sec. 14, p. 345.]
Structure Idaho Code
Title 45 - LIENS, MORTGAGES AND PLEDGES
Section 45-1502 - DEFINITIONS — TRUSTEE’S CHARGE.
Section 45-1503 - TRANSFERS IN TRUST TO SECURE OBLIGATION — FORECLOSURE.
Section 45-1504 - TRUSTEE OF TRUST DEED — WHO MAY SERVE — SUCCESSORS.
Section 45-1505 - FORECLOSURE OF TRUST DEED, WHEN.
Section 45-1506 - MANNER OF FORECLOSURE — NOTICE — SALE.
Section 45-1506A - RESCHEDULED SALE — ORIGINAL SALE BARRED BY STAY — NOTICE OF RESCHEDULED SALE.
Section 45-1506B - POSTPONEMENT OF SALE — INTERVENTION OF STAY.
Section 45-1506C - SUPPLEMENTAL NOTICE — OPPORTUNITY TO REQUEST LOAN MODIFICATION.
Section 45-1507 - PROCEEDS OF SALE — DISPOSITION.
Section 45-1508 - FINALITY OF SALE.
Section 45-1509 - TRUSTEE’S DEED — FORM AND CONTENTS.
Section 45-1510 - TRUSTEE’S DEED — RECORDING — EFFECT.
Section 45-1512 - MONEY JUDGMENT — ACTION SEEKING BALANCE DUE ON OBLIGATION.
Section 45-1513 - TRANSFERS AND TRUSTS ARE CONVEYANCES.
Section 45-1514 - RECONVEYANCE UPON SATISFACTION OF OBLIGATION.