Mortgage Release Template for Denmark

A Mortgage Release is a legal document that cancels your mortgage obligation in Denmark when you've fully paid off your home loan. It confirms that the bank or lender no longer has any claim on your property and removes their security interest from the Danish Land Registry (Tingbogen).

Once signed and registered, this release gives you complete ownership of your property without any mortgage liens. Under Danish property law, you'll need this document to sell your home, refinance with a new lender, or prove you own your property outright. Your bank must provide this release within a reasonable time after you've made your final payment, as required by the Danish Financial Business Act.

You need a Mortgage Release when selling your Danish property, refinancing with a different lender, or after making your final mortgage payment. This document proves you've cleared your debt and gives you full control over your property's future transactions.

Requesting your Mortgage Release becomes crucial during time-sensitive situations like property sales, where delays could hold up closing. Danish banks typically process these within 10 business days after receiving final payment. Getting this document registered promptly in the Tingbogen (Land Registry) protects you from potential claims and ensures smooth property transfers. Many homeowners request it immediately after their last payment to avoid rushed processing later.

• Standard Release (Ejerpantebrev): The basic form used when mortgages are fully paid, removing the bank's claim from property records
• Partial Release (Delvis Frigivelse): Releases only a portion of the mortgaged property, common in land subdivisions or partial sales
• Digital Release (Digital Aflysning): Filed electronically through the Tingbogen system, becoming the most common format in Denmark
• Conditional Release (Betinget Frigivelse): Released upon meeting specific conditions, often used in property development or refinancing scenarios

• Mortgage Lenders: Danish banks and credit institutions must prepare and sign the release once final payment is received
• Property Owners: Receive the Mortgage Release as proof of full loan repayment and clear property ownership
• Real Estate Attorneys: Review and process releases during property transactions, ensuring legal compliance
• Land Registry Officials: Record the release in the Tingbogen system, updating official property records
• Property Buyers: Rely on the release as evidence that the property is free from previous mortgage claims

• Property Details: Gather the property's exact address, title number, and land registry information from Tingbogen
• Loan Information: Collect original mortgage details, final payment confirmation, and loan account numbers
• Identity Verification: Prepare valid ID documentation for all parties involved in the release
• Digital Access: Ensure NemID/MitID access for electronic submission to the Danish Land Registry
• Release Format: Use our platform's automated template to generate a legally compliant Mortgage Release that meets all Danish requirements
• Processing Fee: Calculate and prepare payment for the land registry processing fee

• Property Identification: Full legal description, title number, and cadastral reference as registered in Tingbogen
• Lender Details: Complete name and registration number of the mortgage institution releasing the claim
• Mortgage Information: Original mortgage amount, registration date, and document reference number
• Release Declaration: Clear statement confirming full discharge of the mortgage obligation
• Authentication Section: Digital signature fields for authorized bank representatives
• Compliance Statement: Reference to Danish Mortgage Credit Act compliance and data protection measures
• Registration Instructions: Direction for land registry recording and removal of mortgage notation

A Mortgage Release differs significantly from a Mortgage Agreement in both timing and purpose within Danish property law. While they're related documents, they serve opposite ends of the mortgage lifecycle.

• Purpose and Timing: A Mortgage Release terminates an existing mortgage obligation, marking the end of the loan. A Mortgage Agreement creates the initial loan commitment and establishes property as collateral.
• Legal Effect: The Release removes the lender's claim from public records in Tingbogen, while the Agreement creates and records this claim.
• Documentation Required: A Release needs proof of full payment and current loan status. The Agreement requires extensive financial documentation, property valuation, and borrower credentials.
• Registration Process: Releases typically process faster in the Danish Land Registry system, as they're removing rather than creating new encumbrances on the property.