How much is the processing fee for Cancellation of Mortgage?

Written By Gerard ()

Updated at October 24th, 2023

The amount for a mortgage depends on the location of the Registry of Deeds (RD) and the mortgage amount. Clients can inquire from the RD stated on the first page of TCT/CCT. However, for reference purposes (unofficial), the RD uses the following computation based on RPT:

Mortgage amount X 10% = Amount from RD Table