tiktok³ÉÈË°æ

All Countries
Real Estate
Release Of Mortgage Document

Release Of Mortgage Document Template for New Zealand

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 standard Release of Mortgage Document under New Zealand law for a residential property in Auckland, where ABC Bank Limited is releasing their mortgage over the property at 123 Pacific Street, following full repayment of the loan in January 2025."

Celebrated by
Collaborations with
Investors
Document background
The Release Of Mortgage Document is a crucial instrument in New Zealand property transactions, required when a mortgage has been fully repaid or otherwise satisfied. This document is essential for clearing the property's title and is typically prepared when the borrower has fulfilled all obligations under the mortgage agreement. The release must comply with New Zealand's Land Transfer Act 2017 and Property Law Act 2007, requiring proper execution by the mortgagee and registration with the Land Registry. It includes specific details about the property, the original mortgage, and the parties involved, serving as conclusive evidence that the mortgage has been discharged and the lender no longer holds any security interest in the property.
Suggested Sections

1. Document Identifier: Unique identifier for the document and reference to the mortgage number being discharged

2. Land Registration Details: Details of the land registry office, title reference number, and registered mortgage instrument number

3. Mortgagee Details: Full legal name and address of the mortgagee (lender) releasing the mortgage

4. Mortgagor Details: Full legal name and address of the mortgagor (borrower) whose mortgage is being released

5. Property Description: Legal description of the property including title references and physical address

6. Release Declaration: Formal statement declaring the release of the mortgage and confirmation that the debt has been satisfied

7. Execution Block: Space for signatures, dates, and witness details as required by New Zealand law

Optional Sections

1. Partial Release Details: Used when only a portion of the mortgaged property is being released, including specific details of the portion being released

2. Multiple Mortgagee Declaration: Required when there are multiple mortgagees, specifying the agreement of all parties to the release

3. Consideration Statement: Statement of any consideration paid for the release, if applicable

4. Special Conditions: Any special conditions or terms applying to the release

Suggested Schedules

1. Schedule A - Property Details: Detailed legal description of the property including title references, lot numbers, and survey details

2. Schedule B - Original Mortgage Details: Details of the original mortgage being discharged, including registration date and instrument number

3. Appendix 1 - Supporting Documents: List of any supporting documents attached to the release, such as authority documents or power of attorney

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

Property Development

Construction

Mortgage Lending

Property Investment

Professional Services

Government (Land Registry)

Relevant Teams

Legal

Property Services

Mortgage Processing

Loan Operations

Compliance

Risk Management

Real Estate Operations

Document Control

Settlement Operations

Registry Services

Relevant Roles

Property Lawyer

Conveyancing Solicitor

Mortgage Specialist

Banking Officer

Legal Executive

Property Manager

Title Officer

Lending Manager

Real Estate Attorney

Compliance Officer

Registry Officer

Settlement Officer

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

Deed Of Release Of Debt

A New Zealand law-governed deed that formally releases and discharges a debtor from their obligation to pay a specific debt to a creditor.

find out more

Deed Of Release Of Guarantee

A New Zealand law-governed deed that formally releases a guarantor from their obligations and liabilities under an existing guarantee agreement.

find out more

Deed Of Partial Release

A New Zealand legal document that releases specific assets from an existing security arrangement while maintaining security over remaining assets.

find out more

Deed Of Mutual Release

A New Zealand legal document where parties mutually agree to release each other from claims, obligations, or liabilities, executed as a deed under NZ law.

find out more

Employee Deed Of Release

A New Zealand employment law document that formalizes employment termination, including settlement terms and mutual releases between employer and employee.

find out more

Release Of Mortgage Document

A New Zealand legal document that formally discharges a mortgage from a property title, confirming the lender's release of security interest.

find out more

Deed Of Termination And Release

A New Zealand law-governed deed that formally terminates existing agreements and provides mutual releases between parties.

find out more

Deed Of Settlement And Release

A New Zealand legal document that formalizes dispute resolution between parties and provides mutual releases from future claims.

find out more

Deed Of Indemnity And Release

A New Zealand law-governed deed that combines indemnification provisions with a formal release of claims, used to manage legal risks and resolve potential disputes.

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.

Read our Privacy Policy.