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Do I Need to Re-Register My Property After Home Loan Closure?

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No, re-registration is not required. Once you have repaid your home loan, you are not required to register the property in your name again. This is because the property is already legally registered in your name at the time of purchase. What you do need to do, however, is remove the mortgage lien that was registered against the property when you availed the home loan. UNDERSTANDING WITH AN EXAMPLE FROM MY ENCUMBRANCE CERTIFICATE (EC):
  • Serial No. 3 – This shows the registration of my property in my name, dated 25–10–2021.
  • Serial No. 2 – This records the home loan registration (i.e., mortgage lien), also dated 25–10–2021.
  • Serial No. 1 – This refers to the registration of the reconveyance deed on 21–08–2023, which indicates that the home loan has been repaid and the lien removed.
Page 1 Page 2 1 WHAT IS A RECONVEYANCE DEED? A reconveyance deed is a legal document that confirms the removal of the mortgage lien from your property once the home loan has been fully repaid. This is an essential step to clear the title of the property. KEY TAKEAWAY:
  • You do not need to re-register the property in your name after loan closure.
  • You must ensure that the reconveyance deed is registered to officially remove the lien.
We provide professional assistance in registering reconveyance deeds. To avail of our service, please write to us:
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