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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>58312</law_id><section_number>55.1-341</section_number><catch_line>Partial satisfaction</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>43-67</reference><reference>55.1-1908</reference><reference>55.1-342</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Property Conveyances</unit><unit label="chapter" level="3" order_by="1" identifier="3">Form and Effect of Deeds and Covenants; Liens</unit><unit label="article" level="4" order_by="1" identifier="2">Form and Effect of Deeds of Trust; Sales Thereunder; Assignments; Releases</unit></structure><text>
						<section><p>It is lawful for any <span class="dictionary">lien</span> <span class="dictionary">creditor</span> to record a certificate of partial satisfaction of any one or more of the separate pieces or parcels of property covered by such <span class="dictionary">lien</span>. It shall also be lawful for any such <span class="dictionary">creditor</span> to record a certificate of partial satisfaction of any part of the real estate covered by such <span class="dictionary">lien</span> if a plat of such part or a deed of such part is recorded in the clerk&#x2019;s office and a cross-reference is made in the certificate of partial satisfaction to the book and page where the plat or deed of such part is recorded. Such certificate of partial satisfaction may be accomplished in manner and form prescribed in this chapter for making certificates of satisfaction, except that the <span class="dictionary">creditor</span>, or his duly authorized agent, shall make an <span class="dictionary">affidavit</span> to the clerk or in such certificate that such <span class="dictionary">creditor</span> is at the time of making such satisfaction the legal holder of the obligation, note, <span class="dictionary">bond</span>, or other <span class="dictionary">evidence</span> of debt, secured by such <span class="dictionary">lien</span>, and when made in conformity with the provisions of this chapter such partial satisfaction shall be as valid and binding as a proper release deed duly executed for the same purpose.
		Any and all partial marginal releases made prior to July 1, 1966, in any county or city of the Commonwealth, in conformity with the provisions of this chapter, either of one or more separate pieces or parcels of real estate or any part of the real estate covered by such <span class="dictionary">lien</span>, or as to one or more of the obligations secured by any such <span class="dictionary">lien</span>, or as to all of the real estate covered by such <span class="dictionary">lien</span> instrument, are hereby validated and declared to be binding upon all parties in interest, but this provision shall not be construed as intended to disturb or impair any vested right.</p></section></text><history>Code 1919, &#xA7; 6456; 1930, p. 70; 1932, p. 121; 1944, p. 199; Code 1950, &#xA7; 55-66.4; 1952, c. 469; 1966, c. 505; 1975, c. 469; 1977, c. 141; 2019, c. 712.</history><metadata></metadata></law>
