Short answer
The ability to sell and delivery of debt-free property are different matters. A change of owner does not automatically discharge the mortgage. Other restrictions, attachment or special terms require separate checks.
Practical example
The seller plans to repay the bank using the buyer’s money. The creditor’s balance, payee and release sequence need agreement.
What to do
Obtain a current extract and written creditor terms. Specify payment allocation, release timing and consequences of delays. Give the buyer full advance disclosure of the encumbrance.
Legal basis
Georgian Civil Code — Articles 286, 289, 294. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.