Document background
A Deed of Partial Release is commonly used when a property owner wishes to sell or otherwise transfer a portion of mortgaged property while retaining the remainder. This document is essential in U.S. real estate transactions where subdividing or partially releasing mortgaged property is needed. The deed must include specific property descriptions, reference to the original mortgage, and clear terms of the partial release. It must comply with state-specific requirements and be properly recorded to maintain clear title records. Common situations requiring this document include property subdivision, partial property sales, or dedication of portions for public use.
