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A Release of Mortgage is a legal document that officially clears a property from a mortgage debt in the UAE. When you finish paying off your mortgage, your bank provides this release to confirm that you've met all your loan obligations and now own the property free and clear.

Under UAE property laws, this release must be registered with the relevant land department, typically the Dubai Land Department or Abu Dhabi Municipality. The document cancels the bank's claim on your property, removes the mortgage from public records, and gives you complete ownership rights. Banks must issue this release within 30 days of full loan repayment, making it a crucial final step in your property ownership journey.

You need a Release of Mortgage when you've fully paid off your UAE property loan and want to confirm your complete ownership. Most commonly, this happens at the end of your mortgage term or if you make an early full repayment. Getting this release is essential before selling or refinancing your property.

Banks in the UAE must provide this release after receiving final payment, but it's smart to request it proactively. Having this document becomes particularly important during property transactions, inheritance matters, or when applying for new loans using your property as collateral. Without it, you might face delays or complications in future real estate dealings.

• Standard Release: The most common type used by UAE banks to discharge mortgages after full payment. Includes basic property and loan details.
• Partial Release: Used when releasing only a portion of mortgaged property, common in development projects or multiple-unit holdings.
• Electronic Release: Digital format filed through Dubai Land Department's smart services system, becoming increasingly common.
• Conditional Release: Contains specific terms that must be met before the release takes full effect, often used in complex property transactions.
• Multi-Bank Release: Special format when multiple financial institutions hold interests in the same property, requiring coordination between lenders.

• Banks and Financial Institutions: Prepare and issue the Release of Mortgage after receiving full loan payment, often through their legal departments.
• Property Owners: Receive and maintain the release as proof of complete ownership after paying off their mortgage.
• Land Department Officials: Register and process the release in official property records, particularly in Dubai and Abu Dhabi.
• Real Estate Lawyers: Review and verify the release documentation, ensuring proper execution and registration.
• Property Developers: Handle releases for multiple units in development projects, coordinating with banks and authorities.

• Property Details: Gather accurate property information including title deed number, plot details, and complete address.
• Loan Information: Compile original mortgage agreement details, loan account number, and final payment confirmation.
• Identity Documents: Prepare UAE ID copies and passport details of all property owners listed on the mortgage.
• Bank Documentation: Obtain clearance letter from the lending bank confirming full loan repayment.
• Registration Requirements: Check specific Land Department forms and fees needed for your emirate.
• Digital Platform: Use our system to generate a legally compliant Release of Mortgage, ensuring all UAE requirements are met.

• Property Identification: Full legal description of the property, including title deed number and exact location details.
• Mortgage Reference: Original mortgage agreement details, registration number, and date of creation.
• Party Details: Complete names and identification of mortgagor (borrower) and mortgagee (bank).
• Release Statement: Clear declaration releasing all claims and interests in the property.
• Payment Confirmation: Acknowledgment of full loan repayment with relevant dates.
• Execution Block: Authorized signatures, witness requirements, and notarization details per UAE standards.
• Registration Details: Land Department registration information and official stamps.

A Release of Mortgage is often confused with a Release of Lien, but they serve distinct purposes in UAE property law. While both documents remove claims against property, their scope and application differ significantly.

• Legal Scope: A Release of Mortgage specifically terminates a bank's interest in property after loan repayment, while a Release of Lien removes various types of claims, including contractor liens or tax holds.
• Issuing Authority: Mortgage releases come from banking institutions, whereas lien releases can be issued by contractors, government agencies, or other creditors.
• Registration Requirements: Mortgage releases must be registered with the Land Department, but lien releases may have different filing requirements depending on the type of lien.
• Timing: Mortgage releases occur after full loan repayment, while lien releases might happen after specific work completion or dispute resolution.