Alaska § 34.20.050 - Penalty for failure to discharge mortgage or execute certificate.
Full text of Alaska Alaska Statutes § 34.20.050 — Penalty for failure to discharge mortgage or execute certificate., with citation guidance and answers to common questions.
§ 34.20.050. Penalty for failure to discharge mortgage or execute certificate.
If a mortgagee, or personal representatives, successors in interest or assigns of the mortgagee, after full performance of the condition of the mortgage, whether before or after a breach, for 10 days after being so requested in writing, and after tender of the reasonable charges, neglects or refuses to discharge the mortgage, or to execute and acknowledge a certificate of discharge or release of the mortgage, the mortgagee is liable to the mortgagor, the heirs, successors in interest, representatives or assigns of the mortgagor, in the sum of $300 damages, and also for all damages occasioned by the neglect or refusal.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.20.050
What does Alaska Statutes § 34.20.050 cover?
Section 34.20.050 ("Penalty for failure to discharge mortgage or execute certificate.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 34.20.050?
A common citation format is "Alaska Statutes § 34.20.050" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 34.20.050 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.