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A Release of Mortgage is a legal document that officially cancels your home loan obligations after you've fully paid off your mortgage in Malaysia. It's signed by your bank or finance company to confirm they no longer have any claims on your property.

Once registered with the Land Office, this release removes the bank's interest from your property title and proves you're the sole owner. Malaysian law requires lenders to provide this document within 30 days of loan settlement, letting you sell, refinance, or transfer the property freely without the original lender's involvement.

You need a Release of Mortgage when you've completely paid off your home loan in Malaysia. The most common situation is reaching the end of your loan term, but you might also need one if you're making an early settlement or refinancing with a different bank.

Getting this release is crucial before selling your property, taking out a new loan, or transferring ownership to someone else. Malaysian banks must provide it within 30 days after full payment, so request it immediately after settling your loan to avoid delays in your next property transaction. Keep the original document safe - you'll need it for future property dealings.

• A standard Release of Mortgage is issued when you've fully paid your loan
• A partial release applies when you've paid off only a portion of mortgaged land
• An e-Release is issued electronically through Malaysia's e-Tanah system in states with digital land offices
• A discharge of charge serves the same purpose for properties under the Torrens system
• A bilingual release (Bahasa Malaysia and English) is common for international property transactions

• Banks and Financial Institutions: Prepare and issue the Release of Mortgage after receiving full loan payment
• Property Owners: Request and receive the release to prove they've cleared their mortgage debt
• Land Office Officials: Process and register the release to update property records
• Lawyers: Handle the legal paperwork and ensure proper registration of the release
• Real Estate Agents: Need to verify the release exists before proceeding with property sales
• New Lenders: Require the release document before approving refinancing applications

• Loan Details: Gather the original mortgage agreement number, property address, and loan account details
• Property Information: Collect the land title number, lot details, and property description from official records
• Bank Confirmation: Obtain official statement showing full loan settlement
• Identity Documents: Prepare copies of borrower's and bank representative's identification
• Execution Details: Note the date of loan settlement and planned release registration date
• Documentation Platform: Use our system to generate a legally compliant Release of Mortgage template that includes all required elements

• Property Identification: Full legal description of the mortgaged property and title details
• Lender Details: Complete name and registration number of the financial institution
• Borrower Information: Legal name and identification as shown in the original mortgage
• Discharge Statement: Clear declaration that the mortgage is fully satisfied and discharged
• Original Reference: Details of the original mortgage registration number and date
• Execution Block: Authorized signatures, witness details, and company seal requirements
• Attestation Clause: Proper witnessing format as required by Malaysian land offices

A Release of Mortgage differs significantly from a Release of Lien in several important ways, though both involve clearing claims against property. Understanding these differences helps you choose the right document for your situation in Malaysia.

• Scope of Release: A Release of Mortgage specifically terminates a bank's interest in property secured by a home loan, while a Release of Lien cancels various types of claims, including contractor's liens, tax liens, or mechanic's liens
• Parties Involved: Mortgage releases typically involve banks and property owners, while lien releases can involve contractors, government agencies, or other creditors
• Registration Requirements: Mortgage releases must be registered with the Land Office, but lien releases may require filing with different authorities depending on the lien type
• Documentation Needed: Mortgage releases require original loan details and proof of full payment, while lien releases focus on specific debt satisfaction evidence