{"data":{"id":"us-vt/12-v.s.a.-4961","jurisdiction":"us-vt","citation":"12 V.S.A. § 4961","heading":"Power of nonjudicial sale","body":"Whether or not a power of sale is contained in a mortgage relating to any property, except for farmland or a dwelling house owned by a natural person, instead of a suit and decree of foreclosure, the mortgagee may, upon breach of mortgage condition, foreclose upon the property without first commencing a foreclosure action or obtaining a foreclosure decree by complying with the terms of this subchapter. No sale under and by virtue of a nonjudicial power of sale shall be valid and effectual to foreclose the mortgage unless the conditions of this subchapter are complied with.","path":["Title 12: Court Procedure","Chapter 172: Foreclosure of Mortgages","Subchapter 004: FORECLOSURE BY NONJUDICIAL SALE"],"source_url":"https://legislature.vermont.gov/statutes/section/12/172/04961","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:48:58Z","sha256":"8f24f2cbc2ed7f6ead319dae0f7c37b4746111e844f624058a8530458bd54518","source_id":"us-vt","stale":false,"prev":"us-vt/12-v.s.a.-4954","next":"us-vt/12-v.s.a.-4962"},"notice":"GroundRules: Original legal text. Not legal advice."}