Document background
The Mortgage Release Letter is a crucial document in Dutch property and lending practice, issued when a borrower has fully repaid their mortgage or when a property is being sold or refinanced. This document is required under Dutch law to formally terminate the lender's security interest in the property and must be registered with the Land Registry (Kadaster) to effectively release the mortgage. The letter includes essential information such as property details, mortgage account information, confirmation of full repayment, and explicit authorization for mortgage deregistration. It is particularly important in property transactions as it provides legal certainty to all parties involved and enables the property to be transferred free of existing mortgage encumbrances.
