MORTGAGES



 



Cross References



 



  Registered land, see §506-6.



  Special mortgage recording fee, see §431P-16.



 



§501-116  Mortgage registration necessary. 
The owner of any interest in registered land may mortgage the interest by
executing a mortgage thereof.  Such a mortgage may be assigned, extended,
discharged, released in whole or in part, or otherwise dealt with by the
mortgagee by any form of instrument sufficient in law for the purpose.  Except
as provided in part II, the mortgage, and all instruments assigning, extending,
discharging, and otherwise dealing with the mortgage, shall be registered and
shall take effect upon the title of the mortgaged property only from the time
of registration. [L 1903, c 56, §60; RL 1925, §3249; RL 1935, §5059; RL 1945, §12659;
RL 1955, §342-60; am L 1963, c 83, §9; am L 1966, c 18, §8; HRS §501-116; am L
1970, c 15, §1; am L 2009, c 120, §9]



 



Case Notes



 



  Validity of mortgage, jurisdiction of land court to determine
upon petition to cancel memorandum of the mortgage under §501-196.  32 H. 680.