When is a reconveyance deed needed?
- Home loan or loan against property fully closed
- Property to be sold after loan closure
- Balance transfer where the old lender releases the property
Documents required
- Loan closure letter / NOC from the lender
- Copy of the registered mortgage deed and Index 2
- KYC of borrower and lender's authorised signatory
- Property details
Frequently asked questions
Is a release deed necessary if I have the NOC?
The NOC confirms loan closure, but where a mortgage deed was registered, registering a reconveyance / release deed updates the registration record.
Who signs the reconveyance deed?
The lender's authorised officer executes it in favour of the borrower. We coordinate the execution and registration.
Ishta Grid Rise Pvt Ltd is a private professional services company and not a government department.