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What is a Mortgage Release? A Mortgage Release is where you, the homeowner, voluntarily transfer the ownership of your property to the owner of your mortgage in exchange for a release from your mortgage loan and payments.

Lenders in Texas customarily use a release of lien when the loan secured by a deed of trust has been paid in full or otherwise satisfied. The release of lien is recorded in the county where the real property collateral is located.

by Practical Law Finance. A standard form deed of release by which a lender releases some, but not all, of the mortgages and charges granted to it by a security provider under a security agreement.

A partial reconveyance is to reconvey a portion of the land subject to a deed of trust, not the loan amount. In this case – like the great majority of cases – we are not dealing with a subdivided parcel of land, so the customer won't be able to split up the land subject to the deed of trust.

A partial release is a mortgage provision that allows some of the collateral to be released from a mortgage after the borrower pays a certain amount of the loan. Lenders require proof of payment, a survey map, appraisal, and a letter outlining the reason for the partial release.

In Texas, when the borrower's obligations under the deed of trust are fully satisfied, the lien of the deed of trust is discharged by recording a release of lien (release). A release must be recorded with the county recorder for the deed of trust to be discharged from the public records.

A partial reconveyance is to reconvey a portion of the land subject to a deed of trust, not the loan amount. In this case – like the great majority of cases – we are not dealing with a subdivided parcel of land, so the customer won't be able to split up the land subject to the deed of trust.

Partial Release Clause is a provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor. It's frequently found in tract development construction loans.

A release of a portion of real property from the lien of a deed of trust securing a loan on commercial real property in Texas. Lenders in Texas customarily use a partial release of lien to discharge a deed of trust lien against some but not all of the borrower's real property.

What Is a Deed of Release? A deed of release is a legal document that removes a previous claim on an asset. It provides documentation of release from a binding agreement. A deed of release might be included when a lender transfers the title of real estate to the homeowner upon satisfaction of the mortgage.