21 Pa. Stat. § 721-4

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 721-4 - Satisfaction piece required and effect of satisfaction piece

Every mortgagee shall, upon receipt of payment of the entire mortgage obligation and tender of all required satisfaction and recording costs, present for recording in the office where the mortgage is recorded a duly executed satisfaction piece in substantially the form set out in section 5 and acknowledged as provided by law. The satisfaction piece when recorded shall forever thereafter discharge, defeat and release the lien and debt of the mortgage.

21 P.S. § 721-4

2002, Dec. 9, P.L. 1530, No. 197, § 4, effective in 60 days.