Idaho Code

Idaho Code § 45-1514

Reconveyance upon satisfaction of obligation. 

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Reconveyance upon satisfaction of obligation. 

Upon performance of the obligation secured by the deed of trust, the trustee upon written request of the beneficiary shall reconvey the estate of real property described in the deed of trust to the grantor; providing that in the event of such performance and the refusal of any beneficiary to so request or the trustee to so reconvey, as above provided, such beneficiary or trustee shall be liable as provided by law in the case of refusal to execute a discharge or satisfaction of a mortgage on real property.

Notes of Decisions
Cited in 5 cases, 1987–2015 · leading case: U.S. Bank National Ass'n N.D. v. Citimortgage, Inc.
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U.S. Bank National Ass'n N.D. v. Citimortgage, Inc. (2014) idaho · cites it 22× “I.C. § 45-1514 (emphasis added). The district court correctly observed that additional guidance as to the duty to reconvey can be obtained from Idaho Code section 45-915.”
Brinton v. Haight (1994) idahoctapp · cites it 12× “I.C. § 45-1514 specifies: Upon performance of the obligation secured by the deed of trust, the trustee upon written request of the beneficiary shall reconvey the estate of real property described in the deed of trust to the grant- or; providing that in the event of such…”
Murr v. Selag Corp. (1987) idahoctapp · cites it 4× “, I.C. § 45-1514. On the other hand, the Murrs' claim for rescission and restitutionary relief is not one "accrued .”
ACI Northwest, Inc. v. Monument Heights, LLC (2015) idaho · cites it 4× “However, this Court is not a legislature and those excellent arguments must be addressed to the Legislature rather than to this Court.”
U.S. Bank National Association N.D. v. Citimortgage, Inc. (2014) idaho · cites it 20× “Idaho Code section 45-915 addresses the reconveyance of mortgages and is identical in purpose to Idaho Code section 45-1514.”
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