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J.Hazelbaker, Lawyer
Category: Real Estate Law
Satisfied Customers: 4385
Experience:  Extensive experience and training in real estate matters.
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Hi I took out a $30,000 mortgage from a friend for a rental

Resolved Question:

I took out a $30,000 mortgage from a friend for a rental property. I will be paying the remainder of the mortgage off within a week (possibly today) as I plan to sell the property within 60days. I need to know what type of legal documentation I will need to have the Mortgagee sign and where the document needs to be filed (Recorder of Deeds??)

Thank you
Pittsburgh PA
Submitted: 5 years ago.
Category: Real Estate Law
Expert:  J.Hazelbaker replied 5 years ago.

J.Hazelbaker :

Hello. Thank you for using JustAnswer.

J.Hazelbaker :

You would need your friend to sign a mortgage lien release. You can google the phrase ("mortgage lien release pennsylvania") and find suitable examples that you can copy.

J.Hazelbaker :

Once signed, you would file with the Recorder in the county where the property is located.

J.Hazelbaker :

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