House Bill 353 (Chapter 418) signed by the governor and effective September 4 clarifies that a mortgagee is not required to file a separate statement of mortgagee address change for each mortgage recorded in the county or to include each mortgage recorded in the county on a statement of mortgagee address change on a form provided by each recorder of deeds. A fine of up to $1,000 and costs of up to $1,000 may be assessed by Superior Court for a violation of this requirement.

Delaware – Legislation Clarifies Mortgage Recording