Discharge of mortgages and encumbrances
101 Discharge of mortgages and encumbrances
The registrar-general may, on lodgment of a discharge of mortgage or encumbrance, register a discharge of the mortgage or encumbrance to the extent specified in the discharge instrument.
The discharge of mortgage or encumbrance may discharge the debt or annuity secured in relation to—
1 or more parcels of land; or
1 or more of the mortgagors or encumbrancers, as the case requires; or
1 or more of the mortgagees or encumbrancees, as the case requires.
On registration of the discharge of mortgage or encumbrance, the mortgage or encumbrance, as the case requires, is discharged to the extent specified in the discharge instrument.
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