§ 720-3. Satisfaction piece, contents, execution, acknowledgment, mortgage accompanying
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 21 P.S. Deeds and Mortgages
21 P.S. § 720-3
§ 720-3. Satisfaction piece, contents, execution, acknowledgment, mortgage accompanying
Every satisfaction piece shall be in substantially the form provided in section 4 of this act1 and shall contain the names of the mortgagor, mortgagee and of the last assignee of mortgagee, if any, the date and the original principal amount of the mortgage, an accurate reference by book and page (or other appropriate recording reference) to the place where the mortgage and the last assignment thereof are recorded or filed for recording, and a brief description of or a statement of the location of the mortgaged real estate, and shall be executed and acknowledged by or on behalf of the mortgagee. The satisfaction piece shall be accompanied, upon presentation for recording, by the original or a certified copy of the mortgage instrument.
Credits
1961, July 26, P.L. 887, § 3. Amended 1983, Oct. 28, P.L. 193, No. 51, § 1, imd. effective.
Footnotes
21 P.S. § 720-4.
21 P.S. § 720-3, PA ST 21 P.S. § 720-3
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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