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The Mortgage Release Letter is a critical document in Irish property and banking practice, issued when a borrower has fully repaid their mortgage loan. This document is required to formally release the lender's security interest in the property and allow for the removal of the mortgage charge from Land Registry records. The letter must comply with Irish property law, particularly the Land and Conveyancing Law Reform Act 2009 and the Registration of Title Act 1964. It serves as definitive evidence that the mortgage has been satisfied and that the lender relinquishes all claims to the property. The document is typically required for subsequent property sales, refinancing, or simply to confirm clear title to the property. It includes essential details such as the property description, original mortgage information, confirmation of full repayment, and explicit release language.

1. Letter Header: Including date, reference number, and full letterhead of the lending institution

2. Addressee Details: Full name and address of the borrower(s)

3. Mortgage Account Reference: Clear identification of the mortgage account number and original mortgage date

4. Property Details: Full legal description of the mortgaged property

5. Confirmation of Repayment: Statement confirming full repayment of the mortgage loan

6. Release Declaration: Formal declaration releasing the bank's interest in the property

7. Land Registry Instructions: Authorization for the removal of the charge from Land Registry records

8. Authorized Signatory: Space for bank official's signature, name, and position