Partial Release of Deed to Secure Debt
(GA)


Summary

This partial release of deed to secure debt may be used in Georgia to release a portion of property from an existing deed to secure debt while retaining the lender's lien on the remainder of the property. This template includes practical guidance, drafting notes, alternate clauses, and optional clauses. This partial release can be used for commercial or residential property and should be recorded in the county or counties where the released property is located. Counsel should consult the recording office where the real property is located to determine the local customs and recording fees. For further information on recording real property documents in Georgia, see Recording Procedures (GA). See Ga. Code Ann. § 44-14-3(b) for additional information on recording a release of deed of trust in Georgia. For a satisfaction of deed of trust, see Quitclaim Deed of Release of Security Deed (Debt Not Paid in Full) (GA) and Quitclaim Deed of Release of Deed to Secure Debt (Debt Paid in Full) (GA). For information on financing commercial real estate in Georgia, see Commercial Real Estate Acquisition Loan Resource Kit (GA). See also Junior Associate Real Estate Resource Kit (Acquisition Finance). For information on the process of buying and selling real property in Georgia, see Purchasing and Selling Commercial Real Estate Resource Kit (GA) and Residential Purchase and Sale Transactions Resource Kit (GA).