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Ala. Code § 35-10-97

Effect of Recording Affidavit.

Known as the Alabama Residential Mortgage Satisfaction Act

The act spans §§ 35-10-90 to 35-10-98 (9 sections).

(Act 2012-278, p. 554, §8.)

(a) Upon recording, an affidavit complying with the requirements of this article constitutes a termination of the security interest described in the affidavit.

(b) The recording of an affidavit of satisfaction of a security instrument does not extinguish, offset, or otherwise affect any responsibility or liability of a person for payment or performance of the debt or other obligation secured by the security instrument.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.