Partial Release of Property From Mortgage by Individual Holder - Pennsylvania 2025

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  1. Click ‘Get Form’ to open the Partial Release of Property From Mortgage in our editor.
  2. Begin by filling in the 'Prepared by and after Recording Return to' section. Enter your name, firm/company, address, city, state, zip code, and phone number.
  3. Next, locate the 'Assessor’s Property Tax Parcel/Account Number' field and input the relevant property tax information.
  4. In the 'PARTIAL SATISFACTION OF MORTGAGE' section, provide the names of the mortgagor(s) and mortgagee along with the mortgage date and recording details.
  5. Attach a legal description of the property as Exhibit A. Ensure it is accurately referenced in this section.
  6. Complete the signature area by signing and printing your name. Include the date of execution.
  7. Fill out the notary section with your state and county information. The notary will need to witness your signature.
  8. Finally, complete the 'CERTIFICATION OF GRANTEE’S ADDRESS' section with accurate grantee information and sign under penalty of perjury.

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Partial Release Clause is a provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor.
A partial release letter is typically given by a lender to a borrower after the borrower fulfils certain conditions under a secured loan agreement. This standard document has integrated notes with important explanations and drafting and negotiating tips.
What is a partial discharge? A partial discharge occurs when you have more than one property securing your home loan facility and you want to release or sell one or more, leaving the facility open.
Its understood that a partial release is needed when splitting land and selling a portion while keeping the mortgage, but in this case we want to close out the mortgage so to speak and pay it off completely with the proceeds from the sale.
What is a partial lien release? This is when a lender releases their lien on part of your property. This is in place of a full release, which usually only happens once youve paid off your mortgage completely.
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Lenders require proof of payment, a survey map, an appraisal, and a letter outlining the reason for the partial release. Borrowers may need to pay fees to the lender and the county recorders office.
Partial Release Clause is a provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor. Its frequently found in tract development construction loans.

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