Loan Release Form for Germany

Loan Release Form Template for Germany

A Loan Release Form (Darlehensfreigabeerklärung) under German law is a formal legal document that effectively terminates and releases a borrower's obligations under a loan agreement. Governed by the German Civil Code (Bürgerliches Gesetzbuch - BGB), particularly sections 488-490 and 397-398, this document provides legal certainty for both lender and borrower regarding the discharge of debt obligations. The form includes detailed identification of the original loan agreement, parties involved, the scope of release, and any conditions that must be met for the release to take effect. It must comply with German formal requirements for legal documentation and may require notarization in certain circumstances.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Loan Release Form

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Loan Release Form?

The Loan Release Form is a crucial document used in German banking and financial transactions to formally discharge debt obligations. It serves as a legal instrument under German law to document the termination of a loan agreement and release of the borrower from their obligations. This document is typically used when a loan has been fully repaid, in debt restructuring scenarios, or as part of settlement agreements. The form must comply with German legal requirements, particularly the provisions of the German Civil Code (BGB) regarding loan agreements and debt release. It contains essential information such as party details, loan agreement references, release terms, and any conditions precedent. The document may require notarization depending on the nature and value of the loan, and its execution provides legal certainty to all parties involved in the lending relationship.

What sections should be included in a Loan Release Form?

1. Parties: Identification of the lender (releasing party) and borrower (released party), including full legal names, addresses, and registration details if applicable

2. Background: Details of the original loan agreement including date, amount, and any relevant amendments or modifications

3. Definitions: Key terms used in the release form, including 'Loan Agreement', 'Release Date', and 'Released Obligations'

4. Release Declaration: Clear and unequivocal statement of release from the specified loan obligations

5. Scope of Release: Detailed description of which obligations are being released and which, if any, survive

6. Effective Date: Specification of when the release becomes effective

7. Representations and Warranties: Basic representations about authority to grant the release and validity of the release

8. Governing Law: Confirmation that German law governs the release

9. Execution: Signature blocks for all parties with date and place of signing

What sections are optional to include in a Loan Release Form?

1. Conditions Precedent: Include when the release is conditional upon certain events or actions

2. Partial Release Provisions: Required when only part of the loan obligations are being released

3. Consideration: Include when there is payment or other consideration for the release

4. Surviving Obligations: Detailed section needed when certain obligations survive the release

5. Related Party Releases: Include when guarantors or other security providers are also being released

6. Tax Provisions: Include when there are tax implications that need to be addressed

7. Confidentiality: Include when parties want to keep the release terms confidential

What schedules should be included in a Loan Release Form?

1. Original Loan Agreement: Copy or extract of the original loan agreement being released

2. Payment Confirmation: If applicable, proof of final payment or settlement amount

3. Authorization Documents: Corporate authorizations or powers of attorney if required

4. Security Release Documents: Forms for releasing any associated security interests

5. Related Party Consents: Any required consents from guarantors or other related parties

Authors

Alex Denne

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

Jurisdiction

Germany

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Banking

Financial Services

Real Estate

Corporate Finance

Private Equity

Construction

Manufacturing

Retail

Agriculture

Healthcare

Education

Small Business

Relevant Teams

Legal

Finance

Credit Risk

Loan Operations

Corporate Banking

Retail Banking

Compliance

Treasury

Debt Recovery

Documentation

Risk Management

Portfolio Management

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Loan Officer

Credit Manager

Banking Relationship Manager

Corporate Treasurer

Debt Recovery Specialist

Insolvency Practitioner

Risk Manager

Compliance Officer

Senior Credit Analyst

Portfolio Manager

Financial Controller

Legal Director

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Revocation Of Authorization To Disclose Health Information

A German law-compliant document for withdrawing previously granted authorization to disclose health information, aligned with GDPR and BDSG requirements.

find out more

Pet Sitting Release Form

A German law-governed agreement establishing terms and conditions between pet sitter and owner, including service scope, liability, and animal welfare provisions.

find out more

Medical Treatment Authorization And Consent

A German law-compliant document establishing informed consent and authorization for medical treatment, meeting requirements of the Patient Rights Act and Civil Code.

find out more

Medical Information Consent Form

A German-compliant consent form for medical information processing, meeting GDPR and local healthcare regulations for patient data handling.

find out more

Image Consent Release Form

A German law-compliant consent form for image capture and usage rights, meeting KUG and GDPR requirements.

find out more

Authorization To Release Personal Information

A German law-compliant authorization form for releasing personal information, conforming to GDPR and BDSG requirements.

find out more

Authorization To Disclose

A German law-compliant authorization document that permits the disclosure of specific information between parties, meeting GDPR and BDSG requirements.

find out more

Accident Claims Release Form

A German law-governed release form that settles and finalizes accident-related claims between involved parties, providing legal closure under the BGB framework.

find out more

Participant Release Form

A German law-compliant release form securing participant consent and rights for events and media usage while ensuring GDPR compliance.

find out more

Video Release Consent Form

A German law-compliant consent form for video recording and usage rights, meeting GDPR and local personality rights requirements.

find out more

Release Of Information Medical Records

A German law-compliant authorization form for the release and transfer of medical records, ensuring GDPR and BDSG compliance while protecting patient privacy rights.

find out more

Customer Release Form

A German law-compliant document where customers formally release a company from specific claims or liabilities, adhering to BGB requirements.

find out more

Landlord Release Form

A German law-compliant document that formally terminates a lease agreement and provides mutual release of obligations between landlord and tenant.

find out more

Temporary Guardianship Medical Consent Form

A German law-compliant form transferring temporary medical decision-making authority for minors to a designated guardian, governed by the Bürgerliches Gesetzbuch.

find out more

Medical Treatment Release Form

A German-law compliant consent form documenting patient authorization for medical treatment, ensuring legal protection for both healthcare providers and patients.

find out more

Termination Of Account Letter

A formal letter compliant with German banking laws used to request and document the closure of a bank account.

find out more

Final Release Form

A legally binding document under German law that provides a comprehensive release of claims between parties, typically used to formally settle disputes or potential legal actions.

find out more

Photography Consent Form

A German law-compliant consent form for photography usage, meeting GDPR and KUG requirements while protecting both photographer and subject rights.

find out more

Authorization To Disclose Health Information Form

A GDPR-compliant German healthcare information disclosure authorization form that enables legal sharing of patient medical information while protecting privacy rights.

find out more

Medical Records Form

A GDPR-compliant German medical records form for documenting patient information and obtaining necessary consents in healthcare settings.

find out more

Records Release Form

A German law-compliant document authorizing the release and transfer of records between parties, ensuring adherence to GDPR and BDSG requirements.

find out more

Release Request Form

A formal document under German law used to request the release of information, obligations, or rights, ensuring compliance with German legal requirements and data protection regulations.

find out more

Personal Release And Consent Form

A German law-compliant consent form for personal data processing and usage rights, aligned with GDPR requirements.

find out more

Online Photo Consent Form

German-law compliant Online Photo Consent Form for securing permission to use photographs, adhering to GDPR and German image rights requirements.

find out more

Motor Vehicle Accident Release Form

A German law-governed release form for settling claims arising from motor vehicle accidents, providing legal finality to accident-related disputes.

find out more

Injury Release Form

A German law-compliant liability waiver document for potential injuries during specified activities, incorporating necessary legal protections and limitations under the BGB.

find out more

Individual Release Form

A German-law compliant release form for obtaining consent to use an individual's image, likeness, or personal attributes, incorporating GDPR and German personality rights protections.

find out more

Employee Key Release Form

A German law-compliant form documenting key issuance to employees, establishing terms, responsibilities, and liability for company access control.

find out more

Simple Release Form

A German law-governed release form establishing liability waivers and rights releases between parties, structured to comply with German Civil Code requirements.

find out more

Real Estate Lien Release

A German legal document (Löschungsbewilligung) that authorizes the removal of a registered property lien from the land register, requiring notarization under German law.

find out more

Package Release Form

A German law-governed document that formalizes the release and transfer of packaged content or software, establishing terms for usage, liability, and rights.

find out more

Parent Medical Consent Form

A German law-compliant form authorizing medical treatment for minors in their parents' absence, including emergency provisions and GDPR compliance.

find out more

Medical Release Form To Return To Work

A German-law compliant document certifying an employee's medical fitness to return to work, including any necessary workplace accommodations or restrictions.

find out more

Medical Release Consent Form

A German law-compliant consent form for authorizing medical information release, meeting GDPR and German healthcare legislation requirements.

find out more

Impound Release Form

A German-law compliant form documenting the release of an impounded vehicle to its rightful owner or representative, including payment confirmation and liability release.

find out more

Daycare Medical Release Form

A German-law compliant authorization form for medical treatment of children in daycare facilities, including emergency and routine care provisions.

find out more

Background Release Form

German law-compliant Background Release Form for authorized background checks, adhering to BDSG and GDPR requirements.

find out more

Transcript Release Authorization

A German-law compliant authorization document allowing educational institutions to release academic transcripts to specified recipients, following GDPR and local data protection requirements.

find out more

Letter For Request Payment Release

A formal payment request document under German law used to demand outstanding payments, complying with German Civil Code requirements.

find out more

Immunization Release Form

A German-law compliant Immunization Release Form for documenting patient consent and medical information for vaccination procedures.

find out more
See more related templates

Genie’s Security Promise

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

Your documents are private:

We do not train on your data; Genie’s 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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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

2 Docs LeftAccess Now