Mortgage release
You paid off your loan, but the mortgage is still on the registry. We release it so your home is finally free, in your name and unencumbered. We get you unstuck.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- People who have already paid off their mortgage loan but whose mortgage still shows up at the registry, and who need to formally release it
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- A check of the property's registry status and of the lien or measure.
- Gathering of the certificates, supporting documents or court order that apply.
- Drafting of the deed.
- Recording at the Real Estate Registry.
- A lawyer by your side throughout the procedure.
Does not include
- The registry fee and the official forms for the deed.
- BANAVIH costs when the home was bought with government funds. We can handle it separately:BANAVIH →
- The prior lien certificate, if required (a separate service).
- The underlying lawsuit that gave rise to a court measure, when applicable.
Add to your procedure
Check it and we include it in your quote. You decide at the end.
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 4.
- Title document for the property
- Creditor's certificate, proof the obligation has ended, or court order, depending on the deed
- Cédulas (Venezuelan national ID cards) and details of the parties
- Your contact details to coordinate
How the process works
You do very little. We take care of the rest. The whole process: on average, 7 to 20 business days.
- Step 1
We review the registry status
We verify the lien weighing on the property.
We do this - Step 2
We gather the certificates
We get the bank's payoff letter (paz y salvo) or the creditor's official letter.
We do this - Step 3
We record the release
We sign the deed at the Real Estate Registry.
We do this - Result
Done
Your property is free of the charge on the registry record.
You receive it
Depending on the creditor, the registry and, if applicable, BANAVIH, the national housing bank.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The official registry fee. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: 50% when we start and 50% on delivery. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment has two clearly separate parts. What you pay us, professional fees, from $120, to handle and record the deed from start to finish
What goes to the government (SAREN, Venezuela's registries and notaries service), the official registry fee and the official forms that apply to the deed. For homes bought with government funds, the release goes through BANAVIH, with its own cost, which we itemize in your quote Your lawyer gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I finished paying and don't release the mortgage?
You still show up as mortgaged: you can't sell or put the property up as collateral again, and the bank's payoff letter alone isn't enough.
Why is the mortgage still there if I finished paying?
Because the release still has to be recorded; that's exactly this procedure.
How much does it cost?
The professional fee, from $120, covers handling things with the bank, drafting and recording; the registry fee is extra.
What do I need to release it?
The bank's payoff letter; with it, we record the release.
How is this different from a mortgage cancellation?
In practice, both lead to the same result; we tell you which one your bank and your registry ask for.
About this procedure
This is one of the most common worries: you finished paying your loan, your home is truly yours, but when you request a record from the registry, the mortgage is still there, showing as if you still owed money. Until that mortgage is formally released and the release is recorded, you can't sell, you can't mortgage again and your property carries a ghost. The process has its steps: you have to get the creditor's or bank's certificate that the debt was paid off, and if the home was bought with government funds, the release goes through BANAVIH, with its own cost and its own deadline for taking it to the registry. A lot of people get tangled up or put it off, and then, when they want to sell, they run into the issue at the worst possible moment. We handle the entire release: we get the creditor's certificate, process it with BANAVIH if applicable, and record the release at the Real Estate Registry. At last your home is clean, free and ready for whatever you want to do with it.
Legal framework and important notes
Ley de Registros y Notarías (Registries and Notaries Law) · Código Civil (Civil Code) · Código de Procedimiento Civil (Code of Civil Procedure)
- It requires the creditor's certificate that the debt was paid off; if the home was bought with government funds, it goes through BANAVIH (with its own cost and a 30-day deadline to take the document to the registry)
- The release is recorded
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
Is your case different?Ask us, message us on WhatsApp or book a free consultation. A real person answers you.
With this procedure, almost everyone also asks for
Add them to your briefcase and we quote everything together, no strings attached.
