LLMG04s is to be completed to register a memorandum of satisfaction
where part or whole
of the property has been released
from the floating charge or ceased to form part of the property
for an LLP registered in Scotland.
Go to Edit | Mortgages and Charges, highlight the relevant mortgage or charge and click Edit.
Enter a date for the discharge of the mortgage or charge and if a floating charge has been declared then details of the creditor or person authorised to act on the behalf of the creditor should be completed, then click Save.
Click Yes when asked to ‘Log ‘declaration of discharge of mortgage or charge’ event.’
‘The charge part of the property or undertaking described has been: Released, Ceased, Released and Ceased.’
‘Debt for which the charge given has been
paid or satisfied in: Full, Part.’
Go to Reports | Company Forms, highlight for LLMG05s and click Print Form.
To display a form with basic details go to Reports | Forms with Basic Details | Form LLMG05s- Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged (a) has been released from the floating charge; (b) no longer forms part of the LLP’s property by an LLP registered in Scotland. The form opens in Microsoft Word showing the basic details.
To display a blank form, go to Reports | Blank Forms. Form LLMG05s- Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged (a) has been released from the floating charge; (b) no longer forms part of the LLP’s property by an LLP registered in Scotland. This opens the completely blank form into Microsoft Word.
Click on any area of the form for additional information: