Discharge / Release

What is a Discharge?

A discharge is a legal act by which the mortgage lender acknowledges having been fully or partially reimbursed (refunded) for the loaned amount.

What is a release?

The release is a legal act by which the creditor removes the mortgage on a building without necessarily clarify that whether debt was paid.

Why consult a notary to obtain a discharge or a release?

The notary is a specialist legal adviser to drawing up the contracts and will be able to make title searches and to check the validity.