Partial Release of Property From Mortgage by Individual Holder - Ohio 2026

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  1. Click ‘Get Form’ to open the Partial Release of Property From Mortgage in the editor.
  2. Begin by filling in the 'Prepared by and after Recording Return to' section. Enter your name, firm/company, address, city, state, zip code, and phone number.
  3. Next, locate the 'Assessor’s Property Tax Parcel/Account Number' field and input the relevant property tax information.
  4. In the main body of the form, specify the mortgage details including the date of execution, names of mortgagors and mortgagee, and recording information such as book and page numbers.
  5. Describe the property being released or attach a description stating 'SEE ATTACHED EXHIBIT'. Ensure clarity for future reference.
  6. Complete any applicable sections regarding assignment details if you are not the original mortgage holder.
  7. Finally, sign and date the document. Include witness signatures and notary acknowledgment as required.

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Partial Release Clause is a provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor. Its frequently found in tract development construction loans.
A partial release allows the release of a portion of the collateral from a mortgage after the borrower has paid down a certain amount of the loan. Lenders require proof of payment, a survey map, an appraisal, and a letter outlining the reason for the partial release.
Every lender has different requirements for approving a partial release. Some may require additional payments to adjust the loan-to-value ratio, while others might need specific documentation or approvals. Always start by consulting your lender to understand their process.
A mortgage shall be discharged upon the record of the mortgage by the county recorder when there is presented to the county recorder a certificate executed by the mortgagee or the mortgagees assigns, acknowledged as provided in section 5301.01 of the Revised Code, or when there is presented to the recorder a deed of

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