EPISODE 27
This is The Title Deed Desk. General information for Dubai. Not legal advice. TitleDeed.ae is a private service operated by Cendale Documents Clearing Services FZCO. It is not a government website, not affiliated with Dubai Land Department, and not a law firm.
Paying off a mortgage and removing it from the property record are connected, but they are not the same event.
Settlement does not automatically remove the mortgage
A borrower may fully repay the bank and assume the title is clear. However, a zero loan balance does not automatically remove the registered mortgage. The bank-side release…
The skinny
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