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Pennsylvania Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage

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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

A Pennsylvania Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage is a legal document filed in Pennsylvania courts to address instances where a mortgagee (the lender) fails to execute a satisfaction and discharge of mortgage after the underlying loan has been paid in full. In Pennsylvania, there are two types of Complaints to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage, depending on the circumstances: 1. Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage (Post-settlement): This type of complaint is filed when the mortgage documents were properly recorded, but the mortgagee refuses or neglects to execute and record the satisfaction and discharge of mortgage after the borrower has satisfied the loan obligations. 2. Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage (Resettlement): This complaint is filed when the mortgagee fails to record the satisfaction and discharge of mortgage before the settlement or when there is no evidence of mortgage satisfaction in the public records. Keywords: Pennsylvania, Complaint, Compel Mortgagee, Execute, Record, Satisfaction and Discharge of Mortgage, legal document, filed, courts, lender, loan, paid in full, circumstances, post-settlement, resettlement, mortgage documents, properly recorded, borrower, loan obligations, neglects, refuses, settlement, evidence, public records.

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FAQ

A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower.

What is a Mortgage Release? A mortgage release, also referred to as ?deed in lieu of foreclosure? (DIL), is when a homeowner relinquishes the ownership of their property voluntarily to the owner of the mortgage, often a bank or lender, in exchange for a release from the mortgage and all future mortgage payments.

With a release, your creditor confirms that all the sums due have been paid. The document certifies that the property is mortgage-free. The discharge releases only part of the property or only one of the individuals responsible for the mortgage payments.

A satisfaction of mortgage, also known as release, cancellation or discharge of mortgage, is a type of legal document that proves you paid your mortgage in full. As a result, it also certifies that the property's title is clear of any liens.

A Discharge of Mortgage form is used to discharge a mortgage from a title, where all monies have been repaid. You must provide a completed form, together with the original, completed discharge of mortgage form.

A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower.

If Mortgagee fails to satisfy of record, he is liable for damages, including attorney fees, if 20 days written notice is given by Mortgagor prior to suit. Acknowledgment: An assignment or satisfaction must contain a proper New Jersey acknowledgment, or other acknowledgment approved by Statute.

Suppose a mortgage lender fails to record a Satisfaction of Mortgage document within 60 days from the final payment date. In that case, you can file a lawsuit against the mortgagee. Contact a local law firm to speak with an intake specialist about your legal options.

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Dec 9, 2002 — Recording of a settlement officer satisfaction which is rendered void due to the filing of a proper objection shall not relieve the mortgagor ... (iii) If a mortgage holder has delegated the responsibility to record satisfaction of security instruments to a mortgage servicer, the mortgage servicer ...Filing a Complaint. NOTICE: Beginning in 2024, individuals filing a complaint will be prompted to login to the Department's Consumer Services Portal. May 9, 2018 — Chapter 183, Section 55 requires the lender to discharge the mortgage within 45 days of receipt of full payment of the loan by (i) recording an ... How to fill out Allegheny Pennsylvania Complaint To Compel Mortgagee To Execute And Record Satisfaction And Discharge Of Mortgage? ... Preparing legal paperwork ... Oct 19, 2012 — offices in Pennsylvania, seeking, through various legal and equitable theories, to compel the Defendants to record mortgage assignments past ... Dec 13, 2022 — The complaining consumers alleged that MV Realty misled consumers about the characteristics of the services they agreed to purchase. MV Realty ... Discharge of Fiduciary and Surety. (a) Account Previously Filed. A petition for the discharge of a fiduciary and his or her surety, or of the surety alone ... Mortgage recorded on. , in the office of the Recorder of Deeds of Lancaster ... fully paid or otherwise discharged and that upon recording hereof, said mortgage ... Use the form below to help determine what type of complaint or referral you would like to submit. I want to: Submit a Complaint; File a referral.

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Pennsylvania Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage