PA · rules
Philadelphia Cnty. C.P. CP-Orphans' Division Rule 5.12A
Petition for Leave to Mortgage or Lease Real Property Under 20
Pa.C.S. §§ 3353, 5155, 5521(b) and 7780.6(a).
(1) Contents of Petition. A petition by a fiduciary under this Rule shall set forth, as
nearly as may be practicable, the same information as is required under Rule
5.10.A with regard to a petition to sell real property at public sale by the same
fiduciary; and, in addition, it shall set forth the name of the proposed mortgagee
or lessee, the amount and terms of the proposed mortgage loan or lease and
sufficient facts to enable the Court to determine whether the proposed mortgage
or lease should be approved.
(2) Exhibits. The following exhibits shall be attached to the petition:
(a) a copy of the will, deed, trust agreement, decree or other relevant
instrument by which the petitioner was appointed;
(b) consents to the mortgage or lease signed by those interested parties
who do not join in the petition, and the names of those parties who do not
consent and a copy of the notice given to them; and
(c) a statement by the proposed mortgagor agreeing to grant the mortgage
loan.
(3) Notice. Any interested party who does not join in the petition or consent to the
mortgage or lease shall receive notice of the filing of the petition in accordance
with Pa. O.C. Rule 3.5.
(4) Decree. A decree in approved form shall be attached to the face of the
petition approving the mortgage or lease and, where appropriate, fixing the
amount of security to be entered by the petitioner.
Provenance
- Source
- courts.phila.gov
- Retrieved
- 2026-09-30
- Edition
- 2026-09-30
- Content hash
6e9412e1ccd96fb61d09a83edf73a5f578aa33773ba7fb4bc5ab19eead4763a2
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