Current through Register Vol. 54, No. 24, June 15, 2024
Rule 5.12 - Mortgage or Lease of Real PropertyIn addition to the requirements provided by the Rules in Chapter III, a petition to mortgage or lease real property shall set forth the following:
(a) the information required in a petition for the public sale of real property under Rule 5.10(a), as far as practicable; and(b) the name of the proposed mortgagee or lessee and the terms of the proposed mortgage or lease. Note: Rule 5.12 is substantively identical to former Rule 12.11. If a person who has been adjudicated incapacitated possesses an interest in the subject real property, see also Rule 14.10.
The provisions of this Rule 5.12 amended June 1, 2018, effective 6/1/2019, 48 Pa.B. 3524.