What is a Release Deed?
A Release Deed usually contains important details such as:
- Details of the property owner and releasing party
- Property description and survey details
- Information about the loan closure or ownership release
- Terms of the release agreement
- Signatures of parties and witnesses
Registering the Release Deed ensures that the property records correctly show that the mortgage or claim over the property has been cleared.
What Happens If You Do Not Register a Release Deed?
If a Release Deed is not registered after a mortgage loan is closed or ownership rights are released, the property records may still show the previous claim or mortgage.
Possible issues that may arise include:
- The property may still appear mortgaged in government records
- Banks or buyers may assume the loan is still active
- Property sale or transfer may face registration difficulties
- Banks may refuse to approve new loans against the property
- Active Mortgage appears in EC
- Legal disputes may arise due to unclear ownership or mortgage status
Registering the Release Deed ensures that the property records are updated and free from previous claims or liabilities.
Government Charges for Registering a Release Deed
To remove the mortgage entry from property records, a Release Deed (Mortgage Release / Reconveyance Deed) must be registered at the Sub-Registrar Office (SRO).
In most states, the charges are not based on the loan amount and are usually a fixed government challan fee, which may include:
- Stamp Duty: Nominal fixed fee (commonly around ₹100 – ₹500, depending on the state)
- Registration Charges: Typically around ₹1,000 – ₹2,000 as a standard government registration fee
- Scanning / User Charges: Small administrative fees collected by the SRO
These charges are fixed and generally do not depend on the loan amount, since the Release Deed only confirms that the mortgage has already been cleared.
Registering the Release Deed ensures that government property records are updated and the property becomes legally free from the previous mortgage or claim, which helps avoid future legal or financial issues.
How to Take Expert Consultation related to Release Deed and Mortgage through mypatta
- Open mypatta and select Andhra Pradesh
- Click on Expert Consultation
- Choose your preferred time and book consultation slot
- Our expert team will connect with you at the scheduled time
How to Remove Bank Mortgage from Property Records
After repaying a property loan, the bank usually provides documents confirming that the mortgage has been cleared. The property owner must then complete the process to remove the mortgage entry from the registration records.
The general process may include:
- Loan Closure from the Bank After the loan is fully repaid, the bank issues a loan closure letter or No Objection Certificate (NOC).
- Collect Mortgage Release Documents The bank may provide a Release Deed or reconveyance document confirming that the mortgage has been cleared.
- Register the Release Deed at the Sub Registrar Office The property owner must register the Release Deed at the concerned Sub Registrar Office where the original mortgage was registered.
- Update Property Records Once registered, the mortgage entry in property records will be cleared and the property will be considered free from bank mortgage.
Completing this process ensures that the property has a clear title and can be sold, transferred, or mortgaged again in the future.
How to Download Property Documents through mypatta
- Open mypatta and select Andhra Pradesh
- Click any document
- Enter Required Information
- Tap “Search”
- Once Document is available to download, tap “View Document”. You can now save ,share or download the document in PDF on your device
Why Clearing Mortgage Records is Important
Removing the bank mortgage from property records is an important step after loan closure.
Key reasons why this process is important:
- Ensures the property is free from financial liabilities
- Helps maintain clear and updated property records
- Prevents complications during future property sale or transfer
- Allows property owners to apply for new loans if required
- Confirms that the bank no longer has legal rights over the property
Proper documentation and registration help ensure that the property title remains legally clear and secure.
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Release Deed and Mortgage related Guidance by mypatta in AP Available in below Districts and SROs also
mypatta provides Release Deed and Mortgage related Guidance across major districts and SROs in Andhra Pradesh, including:
Anantapur District
Sri Sathya Sai District
Tirupati District
Other Major Districts
FAQs
- 1. Is it necessary to register a Release Deed after loan closure?+
Yes. Registering the Release Deed ensures that the bank’s mortgage rights over the property are officially removed from the government records
- 2. What documents are required to remove bank mortgage from property records?+
Common documents include the bank’s loan closure letter, No Objection Certificate (NOC), mortgage release document, and property registration details.
- 3. Can a property be sold if the mortgage is not cleared from records?+
In many cases, buyers and banks may refuse transactions if the property records still show an active mortgage.
- 4. Who issues the Release Deed for bank mortgage?+
The bank or financial institution that provided the loan usually issues the mortgage release or reconveyance document after loan repayment
- 5. Why should property owners verify property records after loan closure?+
Verifying records helps ensure that the mortgage entry has been removed and the property title is clear
Shree Shreya
Shree Shreya is a content strategist with 3+ years of experience in real estate and digital content creation. She simplifies land records and property documentation through clear, practical insights.
