release of mortgage

release of mortgage. A written document that discharges a mortgage upon full payment by the borrower and that is publicly recorded to show that the borrower has full equity in the property. [Cases: Mortgages 309, 314. C.J.S. Mortgages §§ 451, 465–466, 477–479, 488.]

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词条贡献者

法律翻译Bryan，毕业于新加坡知名法学院，专注翻译各类与私募股权有关的法律文件。