¶¶Òõ¶ÌÊÓÆµ

Release Of Mortgage Document Template for Pakistan

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Release Of Mortgage Document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Release Of Mortgage Document

"I need a Release of Mortgage Document for a residential property in Lahore, Pakistan, where ABC Bank Limited will release their mortgage claim after full payment was received on January 15, 2025."

Document background
A Release Of Mortgage Document is a crucial legal instrument used in Pakistani property transactions when a borrower has fully satisfied their mortgage obligations. This document is essential for clearing property titles and enabling future transactions. It must be executed in accordance with the Transfer of Property Act 1882 and properly registered under the Registration Act 1908. The document becomes necessary when the mortgagor has made full payment of the mortgage amount, including principal, interest, and any other charges as specified in the original mortgage deed. The Release of Mortgage Document should contain specific references to the original mortgage, property details, and clear statements of discharge, making it a vital document for property records and future property dealings in Pakistan.
Suggested Sections

1. Date and Place: The date of execution and place where the document is being executed

2. Parties Identification: Full details of the Mortgagor (borrower) and Mortgagee (lender), including name, address, and legal status

3. Original Mortgage Reference: Details of the original mortgage deed including date, registration number, and property description

4. Recital of Payment: Confirmation that the mortgage amount has been fully paid and satisfied

5. Release Statement: Clear statement releasing the property from the mortgage and relinquishing all claims

6. Property Description: Detailed description of the mortgaged property being released

7. Execution Block: Space for signatures, witnesses, and attestation as required by Pakistani law

Optional Sections

1. Islamic Finance Compliance: Additional declarations required for Islamic mortgages (if the original mortgage was Shariah-compliant)

2. Multiple Properties Schedule: Required when the release covers multiple properties under the same mortgage

3. Partial Release Clause: Used when only a portion of the mortgaged property is being released

4. Power of Attorney Reference: Required if any party is acting through an attorney

5. Bank Authorization: Required when the mortgagee is a banking institution, including specific authorized signatory details

Suggested Schedules

1. Property Schedule: Detailed description of the property/properties including registration details, boundaries, and measurements

2. Original Mortgage Details: Copy or extract of relevant details from the original mortgage deed

3. Payment Confirmation: Bank statements or receipts confirming full payment of the mortgage amount

4. Authority Documents: Copies of board resolutions, power of attorney, or other authorization documents if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses
















Relevant Industries

Banking

Real Estate

Financial Services

Islamic Banking

Construction

Property Development

Legal Services

Housing Finance

Commercial Property

Residential Property

Relevant Teams

Legal

Mortgage Operations

Credit Administration

Property Services

Documentation

Compliance

Risk Management

Corporate Services

Banking Operations

Islamic Banking

Relevant Roles

Mortgage Officer

Legal Counsel

Property Lawyer

Bank Manager

Credit Officer

Property Registration Officer

Compliance Officer

Real Estate Manager

Banking Operations Manager

Legal Documentation Specialist

Islamic Banking Officer

Property Title Officer

Risk Management Officer

Company Secretary

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Accountant Letter For Mortgage

A professional verification letter issued by a Pakistani chartered accountant confirming a mortgage applicant's financial status and income for lending institutions.

find out more

Mortgage Loan Note

A legally binding document under Pakistani law that establishes the terms of a property-secured loan, including repayment obligations and security arrangements.

find out more

Accountants Certificate For Mortgage

A formal financial verification document issued by chartered accountants in Pakistan to support mortgage applications, confirming the applicant's income and financial position under Pakistani banking regulations.

find out more

Mortgage House Discharge Form

A legal document under Pakistani law that releases a property from mortgage obligations after loan repayment, requiring registration with land authorities.

find out more

Bank Gift Letter

A formal banking document used in Pakistan to facilitate and document monetary gifts between individuals, complying with both Pakistani banking regulations and Islamic banking principles.

find out more

Down Payment Gift Letter

A formal declaration document used in Pakistan to confirm monetary gifts for property down payments, complying with both civil and Islamic law requirements.

find out more

Loan And Mortgage Agreement

A Pakistani law-governed agreement establishing loan terms and creating a mortgage security over property, combining lending and security arrangements in compliance with local banking and property laws.

find out more

Mortgage Letter From Bank

An official bank document issued under Pakistani banking laws that confirms mortgage loan approval and outlines key terms and conditions of the financing.

find out more

Letter For Down Payment

A formal document used in Pakistani business context to establish and document down payment terms and conditions, governed by local contract law and banking regulations.

find out more

Home Loan Sanction Letter

A formal document issued by Pakistani financial institutions confirming home loan approval and outlining key terms and conditions under Pakistani banking regulations.

find out more

Deposit Gift Letter

A formal document under Pakistani law that legally records and executes the gifting of monetary deposits from a donor to a recipient, incorporating both civil and Islamic law requirements.

find out more

Board Resolution For Mortgage Of Property

A Pakistani corporate document recording board approval and authorization for mortgaging company property, compliant with local corporate and property laws.

find out more

Mortgage Facility Letter

A formal letter issued by Pakistani banks outlining mortgage loan terms and conditions, serving as a binding agreement upon acceptance.

find out more

Mortgage Completion Letter

A formal Pakistani banking document confirming full mortgage repayment and authorizing property charge removal, compliant with local banking and property laws.

find out more

Letter For Mortgage

A formal document under Pakistani law that establishes mortgage terms between a financial institution and borrower, outlining loan details and security arrangements.

find out more

Lender Approval Letter

A formal document issued by Pakistani financial institutions confirming loan approval and specifying key financing terms and conditions under Pakistani banking regulations.

find out more

Letter Of Employment For Mortgage

A formal employment verification document issued under Pakistani law to confirm an employee's job status and income for mortgage lending purposes.

find out more

Mortgage Payoff Request Letter

A formal letter used in Pakistan's banking sector to request the final payoff amount for a mortgage loan from a lending institution, complying with local banking and property laws.

find out more

Earnest Money Gift Letter

A legal document used in Pakistan to formalize the gifting of earnest money for property transactions, compliant with both civil and Islamic law requirements.

find out more

Request Letter To Bank For Release Mortgage Property

A formal request letter to a Pakistani bank seeking release of mortgaged property and return of original documents following loan repayment, governed by Pakistani banking and property laws.

find out more

Mortgage Loan Letter

A formal loan approval document issued by Pakistani financial institutions that confirms mortgage terms and conditions under Pakistani banking and property laws.

find out more

Authorization Letter For Mortgage

A legal document under Pakistani law authorizing an individual to handle mortgage-related transactions on behalf of a property owner.

find out more

Seller Financed Mortgage Contract

A Pakistani law-governed agreement establishing seller-provided property financing terms and security arrangements between property seller and buyer.

find out more

Letter To Mortgage Company

A formal communication document used in Pakistan's banking sector to address mortgage-related matters with financial institutions, following local banking and property regulations.

find out more

Hardship Mortgage Letter

A formal request document used in Pakistan's banking system for seeking mortgage payment modifications due to financial hardship, compliant with Pakistani banking regulations.

find out more

Mortgage Loan Denial Letter

A formal letter used in Pakistani banking to communicate mortgage loan application denial, including reasons and applicant rights under Pakistani law.

find out more

Derogatory Credit Explanation Letter

A formal letter under Pakistani banking regulations explaining negative credit report entries and requesting corrective action.

find out more

Release Of Mortgage Document

A legal document under Pakistani law that formally releases a property from mortgage upon full repayment of the secured debt.

find out more

Payoff Letter From Lender

A formal letter issued by a Pakistani lending institution stating the total amount required to fully satisfy and discharge a loan, including payment instructions and release terms, compliant with Pakistani banking regulations.

find out more

Pre Approval Letter For Mortgage Loan

A formal letter issued by Pakistani banks indicating preliminary approval for a mortgage loan, specifying potential loan amount and conditions for final approval.

find out more

Home Loan Application Letter

A formal home loan application letter for Pakistani banks and financial institutions, complying with State Bank of Pakistan regulations and local banking laws.

find out more

Gift Letter For Mortgage

A legal document used in Pakistan that confirms a monetary gift for property purchase, complying with Pakistani banking regulations and Islamic principles.

find out more

Private Mortgage Loan Agreement

A Pakistani law-governed agreement establishing terms for a private mortgage loan and security interest in real property.

find out more

Offer Letter Mortgage

A formal mortgage financing proposal document issued by Pakistani financial institutions to prospective borrowers, outlining loan terms and conditions under Pakistani banking regulations.

find out more

Mortgage Release Letter

A formal document under Pakistani law confirming the discharge of a mortgage and release of the lender's claim on the property.

find out more

Mortgage Commitment Letter

A formal commitment letter from a Pakistani financial institution confirming mortgage loan terms and conditions under Pakistani banking and property laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.