Pennsylvania Precise And Power of Attorney For Satisfaction And Or Termination is a document used to authorize an individual to act on another person’s behalf in the satisfaction and/or termination of a mortgage. It is most commonly used in the case of a refinancing or other transfer of a property. This document allows the designated individual to act in the stead of the mortgagor, or original borrower, to sign documents that will satisfy the original mortgage and transfer the deed to the new mortgagee. This document must be notarized in order for it to be legally binding. There are two types of Pennsylvania Precise And Power of Attorney For Satisfaction And Or Termination: a general form and a specific form. The general form is a blanket authorization that allows the designated individual to act on behalf of the original borrower in any matters related to the satisfaction and/or termination of a mortgage. The specific form is a more detailed document that outlines the exact powers and responsibilities of the individual and the conditions of the authorization.
Pennsylvania Praecipe And Power of Attorney For Satisfaction And Or Termination
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How to fill out Pennsylvania Praecipe And Power Of Attorney For Satisfaction And Or Termination?
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File a praecipe for judgment, a dated copy of the 10 day notice, and a Pennsylvania Rule 236 form. If the debtor is an individual, you must file a notarized affidavit of nonmilitary service. File an original and a copy for each debtor with a Rule 236 form. Include a stamped envelope addressed to each debtor.
A document that a plaintiff files with the prothonotary to commence a civil action in a Pennsylvania court of common pleas before filing a complaint (Pa. R. Civ.
If a judgment debtor has paid in full, settled, or otherwise complied with a judgment rendered in a magisterial district court, anyone interested in the judgment may request the entry of satisfaction of the judgment by filing a written request in the office of the magisterial district judge who rendered the judgment.
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A sample praecipe (request) for entry of appearance that an attorney may use to enter an appearance on behalf of a client in a civil action in a Pennsylvania court of common pleas. This Standard Document contains integrated notes with important explanations and drafting tips.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later. It's easy to get a copy of a Satisfaction of Judgment form.