tiktok³ÉÈË°æ

The Discharge of Mortgage Letter is a critical document in Hong Kong's property and banking sector, used when a mortgagor has fully repaid their mortgage obligations. This document is required under Hong Kong law to formally release the property from the mortgage encumbrance and must comply with the requirements of the Conveyancing and Property Ordinance (Cap. 219) and Land Registration Ordinance (Cap. 128). The letter typically includes specific details about the property, the original mortgage, confirmation of full payment, and authorization for the Land Registry to cancel the mortgage registration. It serves as conclusive evidence that the mortgage has been satisfied and is essential for maintaining clear property titles in Hong Kong's land registration system.

1. Letter Header: Including date, reference number, and addresses of both mortgagee and mortgagor

2. Property Identification: Clear identification of the mortgaged property including lot number, address, and registration details

3. Mortgage Details: Reference to the original mortgage including date, parties, and registration number

4. Confirmation of Payment: Statement confirming that all sums secured by the mortgage have been fully repaid

5. Discharge Statement: Formal statement discharging the property from the mortgage

6. Authorization: Statement authorizing the Land Registry to cancel the mortgage registration

7. Execution Block: Signature block for authorized signatory of the mortgagee, including company chop if applicable