Discharge of Mortgage (Commercial Real Estate Loan) (MA) | Practical Law
A discharge of mortgage, also known as a release of mortgage, for commercial real property in Massachusetts that has been paid in full or otherwise satisfied. Lenders in Massachusetts use a discharge of mortgage, which is recorded or registered in the county where the real property is located, to terminate or release a mortgage encumbering real property. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both lenders and borrowers.