This release is executed by a mortgagee whereby the mortgagee releases a mortgagor
from all of the mortgagor's obligations pursuant to a certain registered mortgage. This
template form should be used when the full amount of the outstanding mortgage has
been paid and the mortgagee releases the mortgage holder from any and all claims,
actions, suits, proceedings, and demands in connection with the property described.
This document should be used by banks or other lending entities once a mortgage has
been paid in full.
RELEASE – MORTGAGE
THE UNDERSIGNED MORTGAGEE, being the registered holder of the
Mortgage/Charge of Land registered as Instrument No: __________________ on the ____ day
of __________, 201____, [PROVIDE DATE OF MORTGAGE/LAND CHARGE] in the
Land Registry Office of ___________, covering the property municipally known as
____________________ [PROVIDE ADDRESS] and being legally described as
_____________________[PROVIDE LEGAL DESCRIPTION OF PROPERTY]
(hereinafter, the "Property"), hereby acknowledges receipt of the full amount of the outstanding
Mortgage/Charge of Land registered against ______________________ [PROVIDE NAME
OF PERSON(S) WHO HAS/HAVE BEEN PAYING THE MORTGAGE] in favor of the
THE UNDERSIGNED, hereby releases and forever discharges
_______________[NAME OF MORTGAGE HOLDER], from and against any and all claims,
actions, suits, proceedings, and demands in connection with the Property, as described, above.
DATED this _____ day of ________________, 201______.
I have authority to bind the Company.
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