Definitions for "Release clause"
A provision in a blanket encumbrance (mortgage) allowing separate releases from the encumbrance by paying a stated sum of money.
Provision in a mortgage or deed of trust for the release of the lien from portions of the property.
A mortgage provision that releases a pledged asset after a certain portion of the total payments has been made.
Keywords:  removed, title, pay, borrower, allows
A term of a mortgage which allows the borrower to pay out the loan and have the mortgage removed from title.