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Old 07-30-2010, 09:56 PM
 
2 posts, read 10,535 times
Reputation: 10

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hello,

Currently i own a coop in queens. The original copy of coop stock certificate is kept by the mortgage lender and i only have a copy. My question is whether i would get the original copy back once i pay off the mortgage. I googled my question online, the answer i found is i will receive a mortgage satisfaction letter and promissory note i signed before with paid in full stamp on it. The certificate doesn't get mentioned at all.

Does anyone have ideas about it? Your answer and comments are appreciated.

Thanks.

Shek

Last edited by shek; 07-30-2010 at 10:08 PM..
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Old 07-31-2010, 05:53 AM
 
Location: Beautiful Pelham Parkway,The Bronx
9,239 posts, read 23,971,916 times
Reputation: 7748
Yes,you get the stock certificate when you pay off your loan.
Make sure you do get it because you will need it if you ever want to sell.
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Old 07-31-2010, 08:17 AM
 
2 posts, read 10,535 times
Reputation: 10
Thank you very much.
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