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2018 Pennsylvania Consolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 33 - Administration and Personal Representatives
Section 3322 - Acceptance of deed in lieu of foreclosure
Universal Citation: 20 PA Cons Stat § 3322 (2018)
§ 3322. Acceptance of deed in lieu of foreclosure.
The personal representative may take for the estate from the owner of property encumbered by a mortgage owned by the estate, a deed in lieu of foreclosure, in which event the real estate shall be considered personalty to the same extent as though title were acquired by foreclosure at sheriff's sale. Any deed or deeds heretofore so accepted are hereby made valid in accordance with the provisions hereof.
Cross References. Section 3322 is referred to in sections 5144, 5521 of this title.
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