Undertaking to hold a deed of release | Practical Law

Undertaking to hold a deed of release | Practical Law

A letter of undertaking from a law firm acting for a lender regarding the release of security.

Undertaking to hold a deed of release

Practical Law UK Standard Document 2-386-4447 (Approx. 10 pages)

Undertaking to hold a deed of release

Maintained, England, Wales
A letter of undertaking from a law firm acting for a lender regarding the release of security.
In this letter, the law firm confirms that it holds a deed of release to the lender's order and undertakes to forward it to the security provider's lawyers once the lender confirms that it has received an agreed sum of money to enable it to release a mortgage or charge.