release deed
[rɪˈlis diːd]
nounpl: release deeds
escritura de liberação
1. A legal document that releases or relinquishes a claim, right, or interest in property, typically used to discharge a lien, mortgage, or other encumbrance on real estate
The bank issued a release deed after the mortgage was fully paid off.
O banco emitiu uma escritura de liberação após a hipoteca ser totalmente quitada.
2. A document that formally transfers property rights and removes legal restrictions or obligations previously binding the property
The release deed cleared the title of the property for the new owner.
A escritura de liberação limpou o título do imóvel para o novo proprietário.
Release deeds are fundamental documents in North American real estate law, particularly important in property transactions where mortgages or liens must be formally removed. In Brazil, the equivalent documents (escritura de liberação) are essential for property transfers and are registered with the cartório (notary office). The release deed represents legal finality and is crucial for establishing clear property ownership.
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