Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA

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Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA

Partial Release by Financial Institution (La. R.S. 9:5172) is a Jefferson Parish Clerk of Court form that releases only part of the property from a mortgage or privilege. Fill it out online on FillingPDF and download the PDF.
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Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release is the Jefferson Parish Clerk of Court form, printed as a "Request for Partial Cancellation of Mortgage or Privilege and Release by Licensed Financial Institution," that a licensed financial institution uses to release only part of the property from a recorded mortgage or privilege. The rest of the property stays encumbered. On FillingPDF you can fill out the form online and download or print the completed PDF; the Clerk of Court publishes the original on its forms page, and the Clerk's own rules for filing apply.

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What is Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA?

Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release is the Jefferson Parish Clerk of Court form by which a licensed financial institution releases only the property it describes from a mortgage or privilege and asks the recorder of mortgages to cancel that mortgage or privilege as to that property alone.

The printed title is "Request for Partial Cancellation of Mortgage or Privilege and Release by Licensed Financial Institution Pursuant to R.S. 9:5172." The institution declares that it is a licensed financial institution as defined in R.S. 9:5172 et seq. and that it is the obligee, or the authorized agent of the obligee, for the obligation the mortgage or privilege secures.

The form identifies the mortgage or privilege by who granted it, in whose favor, the date of the instrument, the parish of recordation (preprinted as Jefferson) and the recording data. It then gives the legal description of the released property, either on the form or attached as Exhibit "A."

The form states that the mortgage or privilege is not released as to any other property and remains in full force over everything else it describes. It also states that the recorder of mortgages is not liable for damages resulting from partially cancelling a mortgage or vendor's privilege under the form.

The Clerk of Court lists a separate form, Release by Financial Institution (La. R.S. 9:5172) — Full Release, for a complete release. This partial form is not that one.

Who needs to file Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA?

A licensed financial institution, as defined in R.S. 9:5172 et seq., that is the obligee or the authorized agent of the obligee of an obligation secured by a recorded mortgage or privilege, and that wants to release only certain property from it, uses this form. The institution acts through its duly authorized officer or officers: the form offers either one officer signing before a notary public or two authorized officers signing.

Do not use it to release all of the property. The Clerk of Court lists a separate Full Release form for that purpose.

Property owners and borrowers do not sign this form. It is a declaration by the institution.

The Clerk of Court's forms page says its forms are samples intended for qualified notaries or attorneys only, and that Clerk of Court employees are prohibited from giving legal advice or helping complete any form. If you are unsure whether the form fits your situation, ask a notary or attorney.

When to file Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA

The form has no due date printed on it. You complete it when the institution decides to release only part of the property from a recorded mortgage or privilege, and the institution fills in the date of signing at the top ("on this ___ day of _, 20").

The Clerk of Court's forms page says that all documents must be submitted with the appropriate fees, so have the signatures, the notary block if you use it, and the accompanying Request to Cancel Inscription(s) form ready before you submit.

Documents you need

  • Request to Cancel Inscription(s) form: the Clerk of Court says it must accompany all cancellation documents, complete with MOB & Folio and/or Instrument Number and the name and address of the party requesting cancellation.
  • Exhibit "A" with the legal description of the released property: attach it only if you do not write the legal description on the form itself.

How to fill out Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA

  1. Enter the state and parish

    At the top, write the State and the Parish or County where the instrument is being signed.

  2. Enter the date and institution name

    Fill in the day, month and year of signing, then the name of the financial institution that is making the declaration.

  3. Identify the mortgage or privilege

    Enter who granted the mortgage or privilege ("A mortgage or privilege granted by") and in whose favor ("In favor of"), then the Date of Instrument.

  4. Enter the recording data

    Parish of Recordation is preprinted as Jefferson. Write the Recording Data for the mortgage or privilege being partially released.

  5. Describe the released property

    Write the legal description of the property being released, or mark that it is attached as Exhibit "A." Only this property is released.

  6. Choose one signature option

    The form says to choose one of two options: a single officer signing before a notary public, or two authorized officers signing.

  7. Complete the officer block

    For each signing officer, enter the signature, printed name, title, financial institution, mailing address, city, state and ZIP.

  8. Complete the notary block if used

    With the one-officer option, the notary signs and enters printed name, state of appointment, notary or bar number and commission expiration date.

  9. Review, sign and download the PDF

    Check that the property description and recording data match the recorded instrument and that only one signature option is used. Download or print the completed PDF from FillingPDF, then add the Request to Cancel Inscription(s) form as described under How to submit.

How to submit Partial Release by Financial Institution (La. R.S. 9:5172) — Partial Release – Jefferson Parish, LA

The form is directed to the Clerk of Court and Ex-Officio Recorder of Mortgages for the parish where the released property is situated; the parish of recordation is preprinted as Jefferson. The form itself prints no mailing address, portal or appointment rule.

  • Accompanying form: the Clerk of Court's page says all releases submitted for cancellation must be accompanied by a Request to Cancel Inscription(s) form, complete with MOB & Folio and/or Instrument Number and the name and address of the party requesting cancellation.
  • Fees: the Clerk's page says documents must be submitted with the appropriate fees and refers to its Fees page. The amount is not stated on the form; check that page or ask the Clerk's office.
  • Where to find details: the Clerk's forms page is at https://jeffparishclerk.gov/forms/. Its employees cannot give legal advice or help complete the form.

FillingPDF lets you fill out and download the PDF; submission follows the Clerk of Court's channels.

Common mistakes to avoid

  • Submitting the release without the Request to Cancel Inscription(s) form, which the Clerk of Court says must accompany all cancellation documents.
  • Leaving out the MOB & Folio and/or Instrument Number, or the name and address of the requesting party, on the Request to Cancel Inscription(s) form.
  • Describing the released property vaguely or omitting it, when the form releases ONLY the property described, either on the form or in an attached Exhibit "A."
  • Using this partial form when the institution means to release the whole mortgage or privilege; the Clerk lists a separate Full Release form.
  • Completing both signature options instead of choosing one: one officer before a notary, or two authorized officers.
  • Using the notary option without the notary's signature, printed name, state of appointment, notary or bar number and commission expiration date.
  • Retyping the form and dropping or rewording language; the Clerk says retyped forms must preserve all language and required information.
  • Submitting the release without the appropriate fees, or expecting Clerk of Court staff to advise on how to complete it.

Frequently asked questions

What is the Partial Release by Financial Institution (La. R.S. 9:5172)?

It is a Jefferson Parish Clerk of Court form through which a licensed financial institution releases only the property it describes from a mortgage or privilege and asks the recorder of mortgages to cancel the mortgage or privilege as to that property alone.

Is this a Jefferson Parish property tax form?

No. The form is a request to partially cancel a recorded mortgage or privilege and release it by a licensed financial institution under R.S. 9:5172. It is filed with the Clerk of Court and Ex-Officio Recorder of Mortgages, and it does not deal with property tax.

Who can sign the partial release?

The licensed financial institution signs through its duly authorized officer or officers. The form gives two options: one officer signing before a notary public, or two authorized officers signing. You choose one, not both.

What is the difference between the partial and full release?

The partial release frees only the described property, and the mortgage or privilege stays in force on all other property. The Clerk of Court lists a separate form, Release by Financial Institution (La. R.S. 9:5172) — Full Release, for a complete release.

What must accompany the partial release?

The Clerk of Court says a Request to Cancel Inscription(s) form must accompany all cancellation documents, complete with MOB & Folio and/or Instrument Number and the name and address of the requesting party. Fees also apply; ask the Clerk's office for the amount.

Can Clerk of Court staff help me complete this form?

No. The Clerk's forms page says the forms are samples for qualified notaries or attorneys only, and that Clerk of Court employees are prohibited from giving legal advice or helping complete any form.

Can I retype the form?

Yes. The Clerk of Court says the Mortgage & Conveyance forms may be retyped to suit specific circumstances, but all language and required information must be preserved.

Can I fill out this form online on FillingPDF?

Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the release with the Clerk of Court; you submit it through the Clerk's channels.

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