US Lawyer Database

Section 45-1001 – WHAT MAY BE MORTGAGED.

45-1001. WHAT MAY BE MORTGAGED. Any interest in real property which is capable of being transferred may be mortgaged. History: [(45-1001) R.S., sec. 3375; reen. R.C. & C.L., sec. 3403; C.S., sec. 6370; I.C.A., sec. 44-901.]

Section 45-1002 – INDEPENDENT DEFEASANCE TO BE RECORDED.

45-1002. INDEPENDENT DEFEASANCE TO BE RECORDED. When a grant of real property purports to be an absolute conveyance, but is intended to be defeasible on the performance of certain conditions, such grant is not defeated or affected as against any person other than the grantee or his heirs or devisees, or persons having actual notice, […]

Section 45-1003 – ACKNOWLEDGMENT AND RECORDATION.

45-1003. ACKNOWLEDGMENT AND RECORDATION. Mortgages, and deeds of trust or transfers in trust of real property may be acknowledged or proved, certified and recorded, in like manner and with like effect as grants and conveyances thereof. History: [(45-1003) R.S., sec. 3377; reen. R.C. & C.L., sec. 3405; C.S., sec. 6372; I.C.A., sec. 44-903; am. 1957, […]