Satisfaction & Release of Mortgage Form [CG-1258]

Use this form to formally acknowledge the full repayment of a vessel’s mortgage loan.

Key Benefits

  • Officially releases the borrower from mortgage obligations upon full repayment.
  • Removes the outstanding lien from the vessel’s history.

Eligibility

  • Vessel owners who have paid off their Preferred Ship’s Mortgage

National Documentation Portal Benefits

  • Secure, centralized access to essential forms.
  • Easy submission and tracking for efficiency.

The National Documentation Portal provides documentation and not advice as to whether or not you should file this or any other form. For further questions as to if this is the right form for you, consult a maritime attorney.