Partial Release of Mortgage (Commercial Real Estate Loan) (NY) | Practical Law
A release of a portion of commercial real property from the lien of a mortgage in New York. Lenders in New York customarily use a partial release of mortgage to discharge a mortgage lien against some, but not all, of the borrower's commercial real property. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both lenders and borrowers.