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Mortgage Discharge Authority Example

Example document for Mortgage Discharge Authority. Use this as a reference when creating your own.

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Document: Mortgage Discharge Authority

Example Document

Last updated 7/27/2026

MORTGAGE DISCHARGE AUTHORITY

To: Westpac Banking Corporation ABN: 33 007 457 141 Address: 275 Kent Street, Sydney, NSW 2000

Date: 15/10/2023

1. BORROWER DETAILS

Full Legal Name(s): John James Smith / Sarah Jane Smith Loan Account Number: 552-193-882 Current Mailing Address: 42 Stanley Road, Richmond, VIC 3121 Phone Number: 0412 345 678 Email Address: john.smith@email.com

2. SECURITY PROPERTY DETAILS

Property Address: 42 Stanley Road, Richmond, VIC 3121

Title Reference:

  • Volume: 9982
  • Folio: 551
  • Torrens Title / Strata Title: Torrens Title

Registered Mortgage Number: XY456789

3. REASON FOR DISCHARGE

  • Sale of Property
  • Refinance (Payout by new lender)
  • Full Repayment of Loan
  • Other:

4. INSTRUCTIONS

I/We hereby authorise Westpac Banking Corporation to prepare and register a Discharge of Mortgage over the property listed above.

I/We understand that a discharge fee applies and authorise Westpac Banking Corporation to debit this fee from my/our Loan Account.

Settlement Details (if applicable):

Solicitor/Conveyancer Name: Amanda White Firm Name: Richmond Conveyancing Phone: 03 9999 8888 Email: amanda@richmondconveyancing.com.au Reference Number: SALE-2023-RIC

5. DECLARATION AND SIGNATURE

I/We declare that the information provided in this authority is true and correct.

I/We request that upon registration of the Discharge of Mortgage, the Certificate of Title be returned to:

  • Myself/ Ourselves at the address above
  • My/Our Solicitor/Conveyancer
  • My/Our New Lender:

Signature 1: John J Smith

Print Name: John James Smith

Date: 15/10/2023

Signature 2: Sarah J Smith

Print Name: Sarah Jane Smith

Date: 15/10/2023

6. WITNESS (IF REQUIRED)

Witness Name: P D Wong

Signature: P D Wong

Date: 15/10/2023

Capacity: Justice of the Peace

Notes

Annotations:

  • Borrower Details: Both owners of the property are listed because they are both borrowers on the loan.
  • Reason for Discharge: 'Sale of Property' is selected because the owners are selling the house.
  • Settlement Details: The Conveyancer's details are included because the bank needs to contact them to arrange the settlement paperwork.
  • Return of Title: The borrower has elected to send the title to the Conveyancer rather than keeping it themselves, which is standard during a sale.

About this Example

Part of the Mortgage Discharge Authority document collection

Document Type

Mortgage Discharge Authority

A formal document signed by a borrower to authorise their bank to remove a mortgage from the title of a property once the loan is fully paid out.

Complexity

moderate

Risk Level

medium