Definitions for "Partial release clause"
A clause in a blanket mortgage allowing for the release of a portion of the property when certain conditions are met.
A clause in a trust deed that provides for release of part of the property from the lien of the trust deed upon payment of a specific portion of the debt.
A mortgage clause that allows the release of certain parcels of land from the blanket mortgage. Commonly used by land developers selling lots to home builders.