Document background
The Mortgage House Discharge Form (Löschungsbewilligung) is a critical document in German real estate transactions used when a property owner has fully repaid their mortgage or when transferring property ownership. This document is required by German law to formally release a property from a mortgage encumbrance registered in the land register (Grundbuch). It must be prepared in accordance with the German Civil Code (BGB) and Land Registration Code (GBO), requiring notarization before submission to the land registry office. The document is typically needed in scenarios such as property sales, refinancing, or after complete mortgage repayment. It includes specific details about the property, mortgage, and participating parties, and serves as the legal basis for removing the mortgage entry from the land register.
