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A Mortgage Release Letter is a critical document in Malaysian property and banking transactions, issued when a borrower has fully satisfied their mortgage obligations. This document serves as official confirmation from the lending institution that all mortgage payments and related charges have been fully settled, and that the bank consents to the removal of its charge over the property. Under Malaysian law, particularly the National Land Code 1965, this document is required to facilitate the formal discharge of the mortgage at the land registry. The letter typically includes specific details about the property, reference to the original mortgage agreement, confirmation of full payment, and explicit authorization for the land office to remove the registered charge. It's an essential document for property owners who have completed their mortgage payments and need to clear their property title.

1. Letter Header: Bank/financial institution's letterhead, date, reference number, and addressee details

2. Property Details: Full legal description of the mortgaged property including title details, lot number, and address

3. Mortgage Reference: Details of the original mortgage including registration number, date, and amount

4. Confirmation of Full Payment: Clear statement confirming that all obligations under the mortgage have been fulfilled

5. Release Statement: Formal declaration of release of the property from the mortgage charge

6. Authorization: Statement authorizing the land office to remove the charge from the title

7. Signing Details: Authorized signatory section including name, position, and bank's stamp