What is the release of the mortgage?

First, let’s clarify that the mortgage is the guarantee that allows a bank to protect itself in the event that the borrower is no longer able to repay their loan. Indeed, the borrower could not sell the real estate without obtaining the agreement and the release of the mortgage. And the release of the mortgage?

The bank has the right to terminate the loan in case of non-payment, to sell the property during a judicial procedure, and to recover the balance of its claim from the proceeds of the sale of the property.
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However, in the case of early repayment of your mortgage loan, the notary is required to request the release of the mortgage. The release is a legal act where the bank certifies that the borrower has fully repaid their loan.

This release is done by notarial act, which therefore incurs notary fees. In practice: the release of a mortgage is only necessary if you decide to sell the property. Otherwise, you can simply let time pass to reach the expiration of the 30-year period. In this case, the mortgage will automatically disappear, but this time without any fees.