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Mortgage Lien Release Document Template for Germany

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Key Requirements PROMPT example:

Mortgage Lien Release Document

"I need a Mortgage Lien Release Document for a commercial property in Berlin, where Deutsche Bank is releasing their mortgage lien following full repayment in January 2025; the document must be in English but comply with German law."

Document background
The Mortgage Lien Release Document is a crucial instrument in German real estate transactions, typically used when a property owner has fully repaid their mortgage or when refinancing with a new lender. This document, formally known as a ³¢Ã¶²õ³¦³ó³Ü²Ô²µ²õ²ú±ð·É¾±±ô±ô¾±²µ³Ü²Ô²µ, is required by German law to remove a mortgage lien from the land register (Grundbuch). It must contain specific information including the property details, mortgage amount, land register information, and clear identification of all parties involved. The document is governed by the German Civil Code (BGB) and Land Register Code (GBO), requiring notarization before it can be submitted to the land registry office. The Mortgage Lien Release Document serves as official evidence that the lender no longer has any claims against the property and consents to the removal of their security interest.
Suggested Sections

1. Document Title and Date: Formal title 'Mortgage Lien Release Document (³¢Ã¶²õ³¦³ó³Ü²Ô²µ²õ²ú±ð·É¾±±ô±ô¾±²µ³Ü²Ô²µ)' and execution date

2. Lender Identification: Complete details of the lending institution or mortgage holder, including registration details

3. Property Owner Identification: Full legal name and address of the property owner(s)

4. Property Description: Legal description of the property as recorded in the land register (Grundbuch), including plot number, folio number, and registry office

5. Mortgage Details: Specific details of the mortgage being released, including registration date, amount, and land register entry number

6. Release Declaration: Formal statement of release and consent to remove the mortgage from the land register

7. Execution Block: Signature blocks for authorized representatives, including notary attestation

Optional Sections

1. Partial Release Statement: Required only when releasing a portion of a mortgage that covers multiple properties

2. Priority Change Declaration: Needed when the release involves changing priorities of other registered rights

3. Power of Attorney Reference: Required when document is signed by authorized representatives rather than primary parties

4. Cost Attribution: Optional section specifying which party bears the costs of the release process

Suggested Schedules

1. Property Extract: Copy of the relevant land register extract (Grundbuchauszug) showing the mortgage to be released

2. Authorization Documents: Copies of power of attorney or corporate resolutions authorizing the release, if applicable

3. Payment Confirmation: Evidence of full repayment of the mortgage, if required by the parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















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Relevant Industries

Banking & Financial Services

Real Estate

Legal Services

Property Development

Mortgage Lending

Construction

Property Management

Investment & Asset Management

Relevant Teams

Legal

Real Estate

Mortgage Administration

Property Management

Document Processing

Credit Administration

Corporate Banking

Risk Management

Compliance

Property Services

Relevant Roles

Mortgage Officer

Real Estate Attorney

Property Lawyer

Bank Manager

Legal Counsel

Real Estate Manager

Property Administrator

Loan Officer

Notary Public

Land Registry Officer

Real Estate Finance Manager

Mortgage Administrator

Legal Document Specialist

Property Transaction Manager

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

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