§ 34-26-3. Methods of discharge.
A mortgage may be discharged in whole or in part by an entry acknowledging the satisfaction thereof or the payment thereon, as the case may be, made on the face or back of the mortgage, or upon the face or margin of the record of the mortgage, in the records of land evidence, and signed by the mortgagee or by his or her executor, administrator, successor, or, if the mortgage be assigned, by the assignee or his or her executor or administrator; and such entry shall have the same effect as a deed of release duly acknowledged and recorded.
History of Section.G.L. 1896, ch. 207, § 6; G.L. 1909, ch. 258, § 6; G.L. 1923, ch. 302, § 6; G.L. 1938, ch. 442, § 6; G.L. 1956, § 34-26-3.
Structure Rhode Island General Laws
Chapter 34-26 - Redemption, Release, and Transfer of Mortgages
Section 34-26-1. - Complaint to redeem.
Section 34-26-2. - Right to discharge on satisfaction of mortgage — Escrow accounts.
Section 34-26-3. - Methods of discharge.
Section 34-26-5. - Liability of mortgagee for failure to discharge, release, or transfer mortgage.
Section 34-26-6. - Other forms of discharge or release preserved.
Section 34-26-7. - Certain ancient mortgages becoming void unless continued.