In Dubai, the Roads and Transport Authority (RTA) oversees various aspects of property transactions, including the release of mortgages. Checking the status of your RTA mortgage release is crucial to ensure that your mortgage is officially cleared and the property title is transferred. This guide provides a detailed overview of how to check your RTA mortgage release status.
1. Understanding RTA Mortgage Release
What is RTA Mortgage Release?
Definition: The process of clearing a mortgage from the RTA’s records once the loan is fully paid off.
Purpose: Ensures that the lender’s interest in the property is officially removed, and the title is updated to reflect full ownership.
Importance of RTA Mortgage Release
Property Transfer: Necessary for selling or transferring the property.
Clear Title: Confirms that there are no outstanding financial claims on the property.
2. Required Documents
For Checking Mortgage Release Status
Mortgage Clearance Certificate: Issued by the lender confirming the mortgage has been paid off.
Original Title Deed: The document proving ownership of the property.
Identification: Passport and UAE residence visa or Emirates ID.
Property Details: Information about the property such as location and description.
For Mortgage Release Application
No Objection Certificate (NOC): From the lender confirming that the mortgage is cleared.
Completion Certificate: Ensures all dues related to the property are settled.
Application Form: Completed form for RTA mortgage release.
3. Steps to Check RTA Mortgage Release Status
Online Portal
Visit the RTA Website: Go to the official RTA website for mortgage-related services.
Log In: Use your credentials to access the portal.
Navigate to Mortgage Services: Find the section related to mortgage release or property services.
Check Status: Enter property details or reference number to view the status of your mortgage release.
Via Mobile App
Download the RTA App: Available on iOS and Android.
Log In: Access using your account details.
Select Mortgage Services: Find the mortgage release section.
View Status: Check the current status of your mortgage release request.
In-Person at RTA Office
Locate an RTA Branch: Find the nearest RTA office that handles property transactions.
Submit Documents: Provide the required documents and request for mortgage release status.
Receive Update: An RTA representative will provide the status of your mortgage release.
4. Common Issues and Solutions
Pending Status
Issue: Your mortgage release request is still pending.
Solution: Follow up with the RTA office or contact your lender to ensure all paperwork is complete and submitted correctly.
Incorrect Information
Issue: Discrepancies in property or personal information.
Solution: Verify and correct any inaccuracies in your application or documentation.
Delayed Processing
Issue: Processing times are longer than expected.
Solution: Contact the RTA for an update on processing times and ensure all required documents are submitted.
5. Tips for Efficient Processing
Ensure All Documents are Complete
Action: Double-check that you have all necessary documents and that they are correctly filled out.
Benefit: Reduces the risk of delays and ensures smooth processing.
Follow Up Regularly
Action: Keep track of your mortgage release status by following up with the RTA or your lender.
Benefit: Helps address any issues promptly and speeds up the process.
Consult with Professionals
Action: Seek advice from real estate agents or legal professionals if you encounter difficulties.
Benefit: Provides expert guidance and support throughout the process.
6. Final Steps After Mortgage Release
Obtain Updated Title Deed
Action: After your mortgage is released, request an updated title deed from the RTA reflecting the cleared mortgage.
Benefit: Ensures that the property records are accurate and up-to-date.
Confirm with Lender
Action: Verify with your lender that all financial obligations have been met and that you have received all necessary documentation.
Benefit: Provides peace of mind that the mortgage is fully settled and cleared.
Conclusion
Checking and confirming your RTA mortgage release is an important step in ensuring that your property’s title is free from any financial encumbrances. By following the outlined steps, using the appropriate tools and services, and addressing any issues promptly, you can effectively manage your mortgage release process. Keep your documents in order, follow up regularly, and seek professional advice if needed to ensure a smooth and successful mortgage release.
