黑料视频

All Countries
Real Estate
Discharge Of Mortgage Form

Discharge Of Mortgage Form Template for Saudi Arabia

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Discharge Of Mortgage Form

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Discharge Of Mortgage Form

"I need a standard Discharge of Mortgage Form for a residential property in Riyadh, where Al Rajhi Bank will be releasing their mortgage interest following full payment on March 15, 2025; the document should comply with SAMA regulations and include standard Islamic finance compliance statements."

Celebrated by
Collaborations with
Investors
Document background
The Discharge Of Mortgage Form is a crucial document in Saudi Arabian real estate transactions, used when a borrower has fully satisfied their mortgage obligations and seeks to clear the property's title from any encumbrances. This document is required under Saudi Arabian law and must comply with both civil law requirements and Islamic finance principles. It is typically initiated when the final payment has been made on a mortgage, or when refinancing or selling a property. The form includes essential details such as property identification, original mortgage information, confirmation of full payment, and appropriate authorizations. It must be properly executed and registered with the Saudi Land Registry Office to be legally effective. The document's format and content are governed by various regulations, including those issued by SAMA (Saudi Central Bank) and the Ministry of Justice.
Suggested Sections

1. Document Header: Official title of the document, date, and reference numbers (including original mortgage reference)

2. Parties: Details of the Mortgagee (lending institution), Mortgagor (property owner), and any other relevant parties

3. Property Details: Complete legal description of the mortgaged property, including title deed number, location, and boundaries

4. Original Mortgage Details: Reference to the original mortgage agreement, including date of creation, amount, and registration details

5. Discharge Declaration: Formal statement declaring the full discharge of the mortgage and release of all claims against the property

6. Consideration: Confirmation that all obligations have been fulfilled and payment has been received in full

7. Authorization: Authorization for relevant authorities to remove the mortgage from official records

8. Execution: Signature blocks for all parties and official witnesses

Optional Sections

1. Power of Attorney Reference: Required when any party is acting through an attorney or authorized representative

2. Outstanding Obligations: Include when there are any residual obligations or conditions that survive the discharge

3. Multiple Properties Statement: Required when the discharge relates to multiple properties under a single mortgage

4. Partial Discharge Declaration: Include when only part of the mortgaged property is being discharged

5. Islamic Finance Compliance Statement: Required for mortgages specifically structured under Islamic finance principles

Suggested Schedules

1. Property Schedule: Detailed technical description of the property(ies) including measurements and boundaries (required for multiple properties)

2. Payment Confirmation: Official bank documentation confirming full settlement of the mortgage amount

3. Authorization Documents: Copies of corporate resolutions, powers of attorney, or other authorization documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses




















Relevant Industries

Banking & Financial Services

Real Estate

Islamic Finance

Legal Services

Property Development

Mortgage Services

Public Sector

Construction

Relevant Teams

Legal

Real Estate

Mortgage Operations

Compliance

Islamic Banking

Property Services

Documentation

Risk Management

Customer Service

Relevant Roles

Mortgage Officer

Real Estate Lawyer

Property Manager

Bank Manager

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Islamic Finance Advisor

Title Officer

Notary Public

Land Registry Officer

Banking Operations Manager

Real Estate Transaction Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Home Financing Document Release Form

A Saudi Arabian legal document confirming the release of property-related security interests and documentation following complete repayment of Islamic home financing.

find out more

Offer Letter For Mortgage

A Shariah-compliant mortgage offer letter issued by Saudi Arabian financial institutions, detailing terms and conditions for real estate financing under Saudi law.

find out more

Accountants Certificate For Mortgage

A Saudi Arabian regulatory document certifying an applicant's financial position and income verification for mortgage purposes, issued by a licensed accountant.

find out more

Letter Of Mortgage

A Sharia-compliant document used in Saudi Arabia to establish and record a mortgage agreement between a property owner and a financial institution.

find out more

Certificate Of Mortgage

A Saudi Arabian legal document evidencing a Shariah-compliant mortgage agreement between a financial institution and property owner, compliant with Saudi law and Islamic finance principles.

find out more

Bank Gift Letter

A Shariah-compliant banking document used in Saudi Arabia to formally document and process gift transfers through banking channels, meeting both SAMA regulations and Islamic principles.

find out more

Down Payment Gift Letter

A Saudi Arabian legal document confirming the gift of funds for property down payment, compliant with local laws and Islamic finance principles.

find out more

Mortgage Letter From Bank

A Sharia-compliant mortgage commitment letter issued by a Saudi Arabian bank, confirming approved property financing terms and conditions under Saudi law.

find out more

Letter Of Intimation Of Mortgage

A formal notification document used in Saudi Arabia to officially communicate and record the creation of a mortgage over a property, complying with local laws and Shariah principles.

find out more

Deposit Gift Letter

A formal document used in Saudi Arabia to legally transfer and document a monetary gift in the form of a deposit, complying with both Saudi banking regulations and Shariah law.

find out more

Real Estate Mortgage Form

A Saudi Arabian legal document creating a Shariah-compliant mortgage over real estate property, establishing security rights between financial institutions and property owners.

find out more

Mortgage Loan Application Form

Saudi Arabian Shariah-compliant mortgage loan application form for real estate financing, adhering to SAMA regulations and Islamic banking principles.

find out more

Letter To Lender

A formal communication to a financial institution in Saudi Arabia requesting or discussing financing arrangements, drafted in compliance with Saudi banking regulations and Shariah law.

find out more

Letter Of Down Payment

A formal document governed by Saudi Arabian law that confirms and documents the terms and conditions of a down payment between parties, compliant with Sharia principles.

find out more

Home Loan Letter

A Sharia-compliant home financing approval letter issued by Saudi Arabian financial institutions, outlining key terms and conditions under Saudi banking regulations.

find out more

Housing Loan Letter

A Sharia-compliant housing loan offer letter issued by Saudi Arabian financial institutions, detailing loan terms and conditions under Saudi law.

find out more

Home Loan Request Letter

A formal Shariah-compliant home financing request letter used in Saudi Arabia, outlining the applicant's request for property financing from an Islamic bank.

find out more

Request Letter For Release Of Mortgage Property

A formal letter used in Saudi Arabia requesting the release of a property from mortgage after loan repayment, compliant with local laws and Sharia principles.

find out more

Mortgage Modification Form

A Saudi Arabian legal document for modifying existing Shariah-compliant mortgage agreements, compliant with SAMA regulations and Islamic finance principles.

find out more

Mortgage Application Form

A Saudi Arabian mortgage application form compliant with SAMA regulations and Sharia law, used to gather applicant and property information for mortgage financing assessment.

find out more

Discharge Of Mortgage Form

A Saudi Arabian legal document that releases a property from mortgage obligations, complying with local laws and Islamic finance principles.

find out more

Derogatory Credit Explanation Letter

A formal letter under Saudi Arabian jurisdiction explaining negative credit report entries, compliant with SAMA regulations and Sharia principles.

find out more

Letter Of Intent For Mortgage

A preliminary document outlining proposed terms for a Sharia-compliant mortgage arrangement in Saudi Arabia, expressing formal intent between a financial institution and prospective borrower.

find out more

Release Of Mortgage Document

A legal document under Saudi Arabian law that releases a property from a mortgage after full debt repayment, complying with both civil and Sharia law requirements.

find out more

Pre Approval Letter For Mortgage Loan

A Saudi Arabian banking document providing preliminary mortgage financing approval under Islamic banking principles, subject to conditions and SAMA regulations.

find out more

Home Loan Application Letter

A Sharia-compliant home financing application letter for use in Saudi Arabia, structured to meet local banking regulations and Islamic finance requirements.

find out more

Gift Letter For Mortgage

A Sharia-compliant document used in Saudi Arabia to formally declare and verify monetary gifts intended for property purchase or mortgage down payments.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.