To set forth the true, full, and complete consideration, paid or to be paid, where any mortgage is assumed in the conveyance of real property, it is necessary for the deed or affidavit to state the Number of the Real Estate Mortgage Book and the Page Number, and the remaining balance assumed.

Editor's Note

At the direction of the Code Commissioner in 2012, under “Charitable Deeds,” the items (d) through (f) relating to examples of deeds to a church or other charitable organization, were redesignated (c) through (e) to correct a typographical error.

HISTORY: Added by State Register Volume 27, Issue No. 6, Part 2, eff June 27, 2003. Amended by State Register Volume 33, Issue No. 6, eff June 26, 2009.