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Release Of Lien On Real Property Form

Release Of Lien On Real Property Form Template for Germany

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Key Requirements PROMPT example:

Release Of Lien On Real Property Form

"I need a Release of Lien on Real Property Form for a residential property in Munich, following full repayment of a mortgage loan from Deutsche Bank, with the release to be effective March 15, 2025."

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Document background
The Release Of Lien On Real Property Form is a crucial document in German real estate transactions that formally terminates a registered security interest in real property. It is typically used when a mortgage or land charge (Grundschuld) has been fully satisfied, or when a property owner has met all obligations under a loan agreement. The document must comply with strict German legal requirements, including proper execution before a notary and registration with the land registry (Grundbuchamt). This form is essential for clearing title to property and is commonly required in property sales, refinancing, or when a loan has been paid off. The document must contain specific information required by German property law, including precise property and lien details, and proper identification of all parties involved.
Suggested Sections

1. Identification of Parties: Details of the lienholder (creditor) and property owner (debtor), including full legal names, addresses, and registration information for legal entities

2. Property Description: Precise legal description of the property as recorded in the land register (Grundbuch), including plot number (Flurstück), district (Gemarkung), and land register details

3. Lien Information: Details of the original lien, including type (Hypothek/Grundschuld), amount, registration date, and land register folio number

4. Release Declaration: Formal declaration of the complete and unconditional release of the lien, including explicit consent for deletion from the land register

5. Authorization: Express authorization for the land registry to remove the lien from the Grundbuch

6. Execution: Signature blocks with notarization statements and requirements

Optional Sections

1. Consideration Statement: Statement confirming payment or satisfaction of the underlying debt - included when specifically required by the land registry

2. Partial Release Provisions: Used when only a portion of the property or lien is being released

3. Power of Attorney: Required when document is being executed by an authorized representative rather than the principal

4. Prior Liens Statement: Statement regarding any senior or junior liens - included when there are multiple liens on the property

Suggested Schedules

1. Property Survey Plan: Current certified survey or cadastral plan of the property if required for identification

2. Original Lien Documentation: Copies of the original lien registration documents from the Grundbuch

3. Authorization Documents: Corporate resolutions, powers of attorney, or other authority documents if applicable

4. Land Register Extract: Recent extract from the Grundbuch showing current registration status

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


























Clauses















Relevant Industries

Banking and Financial Services

Real Estate

Legal Services

Construction and Development

Property Management

Insurance

Mortgage and Lending

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Property Administration

Mortgage Operations

Loan Processing

Title and Recording

Corporate Secretariat

Compliance

Risk Management

Document Management

Relevant Roles

Real Estate Attorney

Property Lawyer

Banking Manager

Mortgage Officer

Real Estate Manager

Property Administrator

Legal Counsel

Notary Public

Title Officer

Loan Officer

Real Estate Broker

Property Developer

Corporate Counsel

Compliance Officer

Real Estate Paralegal

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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