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In accordance with Section 872(1)(a) of the Companies Act 2006. MG02 Statement of satisfaction in full or in part of mortgage or charge What this form is for You may use this form to register a statement
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A statement of satisfaction is a document that confirms the fulfillment of an agreement or the release of a lien or claim.
The party who has received payment or has fulfilled their obligations is typically required to file a statement of satisfaction.
To fill out a statement of satisfaction, you typically need to provide details of the agreement or claim, including dates, parties involved, and any relevant payment information.
The purpose of a statement of satisfaction is to formally acknowledge the fulfillment of an agreement or the release of a lien or claim, providing legal documentation and protection for all parties involved.
The information that must be reported on a statement of satisfaction may vary depending on the specific agreement or claim, but it generally includes details of the parties involved, dates, payment information, and any relevant documentation.
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