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Chapter 506

9 sections

§506-1 What Counts as a Mortgage and How Its Priority Works

§506-2 What property a mortgage covers and when it is enforceable

§506-3 Mortgage does not cover property you get later unless added

§506-4 When a mortgage can affect another recorded mortgage or lease

§506-5 Mortgagor keeps property until default unless agreed otherwise

§506-7 No interest hikes or forced use of insurance after disaster

§506-8 Getting a mortgage release when your loan is paid off

§506-9 Notice of right to cancel free mortgage life insurance

§506-10 Counseling required before reverse mortgage applications