Glossary Term: PARTIAL RELEASE

PARTIAL RELEASE

A release of a portion of property covered by a mortgage. A subdivider will obtain a partial release as each lot is sold, upon payment of an agreed upon amount. In areas where the subdivider is not usually the builder, it may be necessary to sell groups of lots to obtain a partial release. In areas where deeds of trust are used instead of mortgages, a “partial reconveyance” is the document used.

카카오톡 상담
재오픈 안내

안녕하세요. 카카오톡 상담 기능이 다시 정상적으로 작동되어 다시 오픈 되었습니다. 궁금하신 점이 있으시면 언제든지 여기 카카오톡 채널을 통해 연락주세요. 항상 감사합니다.

카카오톡 채널 채팅하기 버튼