Definition
A lender provision allowing individual parcels to be released from a blanket loan upon partial repayment.
Example
The partial release clause let the developer sell finished lots without retiring the entire loan.
Related terms
Frequently asked questions
What does Partial Release mean in real estate?
A lender provision allowing individual parcels to be released from a blanket loan upon partial repayment.
How is Partial Release used in practice?
The partial release clause let the developer sell finished lots without retiring the entire loan.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.