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Mortgage Lien Release Form
"I need a Mortgage Lien Release Form for a fully repaid commercial property mortgage in Berlin, to be registered by March 2025, with specific provisions for releasing two separate land charges registered in different priority rankings."
1. Property Identification: Detailed description of the property including land registry details (Grundbuch), plot number (Flurstück), and address
2. Mortgage Details: Specific details of the mortgage being released, including registration date, amount, and rank in the land register
3. Declaration of Release: Formal statement declaring the release of the mortgage lien (Löschungsbewilligung)
4. Execution Requirements: Statement regarding notarization requirement and execution formalities
5. Authorization: Authorization for the land registry office to remove the mortgage from the register
1. Partial Release Statement: Only required when releasing a portion of the mortgage while maintaining the remainder
2. Power of Attorney: Required when the release is being executed by an authorized representative rather than the mortgage holder directly
3. Consideration Statement: Statement confirming that all payments have been received, if required by the mortgage holder
4. Priority Notice: Required when there are multiple liens and the release affects the ranking of other encumbrances
1. Land Register Extract: Current extract from the land register (Grundbuchauszug) showing the mortgage registration
2. Property Map: Required for partial releases to clearly identify the portion of property being released
3. Authorization Documents: Copies of power of attorney or corporate resolutions authorizing the release, if applicable
Authors
Banking
Real Estate
Financial Services
Legal Services
Mortgage Lending
Property Development
Construction
Housing Finance
Legal
Real Estate
Mortgage Operations
Credit Administration
Property Management
Finance
Loan Processing
Document Management
Risk Management
Real Estate Lawyer
Mortgage Officer
Bank Manager
Property Manager
Legal Counsel
Notary Public
Real Estate Agent
Finance Manager
Credit Officer
Real Estate Transaction Manager
Property Administrator
Loan Officer
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