{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-346.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-346.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-346.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-346.html"}],"law_id":63720,"edition_id":1,"section_id":63720,"structure_id":15404,"section_number":"55.1-346","catch_line":"Applicability","history":"2006, c. 907, \u00a7 55-66.8; 2019, c. 712.","full_text":"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.","order_by":null,"text":{"0":{"id":232112,"text":"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15404,"edition_id":1,"name":"Satisfaction of Security Interest in Real Property","identifier":"3","label":"article","depth":4,"order_by":1,"parent_id":13328,"metadata":{},"date_created":"2026-06-26 03:54:39","date_modified":"2026-06-26 03:54:39","permalink":{"id":245187,"object_type":"structure","relational_id":15404,"identifier":"3","token":"55.1\/I\/3\/3","url":"\/55.1\/I\/3\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13328,"edition_id":1,"name":"Form and Effect of Deeds and Covenants; Liens","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":13327,"metadata":{},"date_created":"2026-06-26 03:44:39","date_modified":"2026-06-26 03:44:39","permalink":{"id":244985,"object_type":"structure","relational_id":13328,"identifier":"3","token":"55.1\/I\/3","url":"\/55.1\/I\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13327,"edition_id":1,"name":"Property Conveyances","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:39","date_modified":"2026-06-26 03:44:39","permalink":{"id":244771,"object_type":"structure","relational_id":13327,"identifier":"I","token":"55.1\/I","url":"\/55.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":63720,"structure_id":15404,"section_number":"55.1-346","catch_line":"Applicability","url":"\/55.1-346\/","token":"55.1\/I\/3\/3\/55.1-346","metadata":false},{"id":64322,"structure_id":15404,"section_number":"55.1-347","catch_line":"Definitions","url":"\/55.1-347\/","token":"55.1\/I\/3\/3\/55.1-347","metadata":false},{"id":59796,"structure_id":15404,"section_number":"55.1-348","catch_line":"Document of rescission; effect; liability for wrongful recording","url":"\/55.1-348\/","token":"55.1\/I\/3\/3\/55.1-348","metadata":false},{"id":70687,"structure_id":15404,"section_number":"55.1-349","catch_line":"Secured creditor to submit satisfaction for recording; liability for failure","url":"\/55.1-349\/","token":"55.1\/I\/3\/3\/55.1-349","metadata":false},{"id":86234,"structure_id":15404,"section_number":"55.1-350","catch_line":"Form and effect of satisfaction","url":"\/55.1-350\/","token":"55.1\/I\/3\/3\/55.1-350","metadata":false},{"id":58659,"structure_id":15404,"section_number":"55.1-351","catch_line":"Relation to Electronic Signatures in Global and National Commerce Act","url":"\/55.1-351\/","token":"55.1\/I\/3\/3\/55.1-351","metadata":false},{"id":82547,"structure_id":15404,"section_number":"55.1-352","catch_line":"Uniform standards","url":"\/55.1-352\/","token":"55.1\/I\/3\/3\/55.1-352","metadata":false}],"next_section":{"id":64322,"structure_id":15404,"section_number":"55.1-347","catch_line":"Definitions","url":"\/55.1-347\/","token":"55.1\/I\/3\/3\/55.1-347","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-346\/","history_text":"

This law was first created in 2006. The record of its establishment is cataloged in chapter 907<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2019, chapter 712<\/a>.<\/p>","references":[{"id":78198,"section_number":"17.1-258.3:1","catch_line":"Electronic filing of land records; paper form","order_by":null,"url":"\/17.1-258.3_1\/"},{"id":63862,"section_number":"17.1-295","catch_line":"Definitions","order_by":null,"url":"\/17.1-295\/"},{"id":82066,"section_number":"55.1-339","catch_line":"Release of deed of trust or other lien","order_by":null,"url":"\/55.1-339\/"}],"refers_to":false,"permalink":{"id":245189,"object_type":"law","relational_id":63720,"identifier":"55.1-346","token":"55.1\/I\/3\/3\/55.1-346","url":"\/55.1-346\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-346\/","token":"55.1\/I\/3\/3\/55.1-346","dublin_core":{"Title":"Applicability","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-346","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The procedure authorized by this article for the release of a security interest<\/span> in real property<\/span> using an automated electronic recording system may be used to effect the release of a security interest<\/span> regardless of when the security interest<\/span> was created, assigned, or satisfied by payment made by the settlement<\/span> agent. The procedure authorized by this section for the release of a security interest<\/span> shall constitute an optional method of accomplishing a release of a security interest<\/span> secured by property in the Commonwealth.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAPPLICABILITY (\u00a7 55.1-346)\n\nThe procedure authorized by this article for the release of a security interest\nin real property using an automated electronic recording system may be used to\neffect the release of a security interest regardless of when the security\ninterest was created, assigned, or satisfied by payment made by the settlement\nagent. The procedure authorized by this section for the release of a security\ninterest shall constitute an optional method of accomplishing a release of a\nsecurity interest secured by property in the Commonwealth.\n\nHISTORY: 2006, c. 907, \u00a7 55-66.8; 2019, c. 712.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}