How do I discharge a mortgage?

Once a mortgage of Torrens Title land has been paid off, the mortgagee (the lender) prepares a Discharge of Mortgage dealing. This is an acknowledgment in writing by the mortgagee that the obligation (principal and interest) secured by a mortgagee has been repaid.

You must arrange for your mortgagee to lodge a Discharge of Mortgage dealing with NSW LRS to enable the removal of the mortgage from your title.

A title search may be obtained to confirm the removal of the mortgage.

Publication Date: July 2024