Form LRA 58 (Discharge of Charge) is a critical land registration document used in Kenya to formally release a property from a financial encumbrance once a loan has been fully repaid or otherwise secured. This form is jurisdiction-specific to Kenya and is governed by Regulation 74(1) of the Land Registration (General) Regulations, 2017, enacted under the Land Registration Act, 2012. It serves as the official evidence that a lender no longer holds a legal interest in the property, allowing the landowner to regain an unencumbered title.
This advocate-reviewed template is available for download on wansom.ai and is essential for landowners (Chargors), financial institutions (Chargees/Lenders), and conveyancing advocates handling the finalization of mortgage or loan repayments. Properly filing Form LRA 58 is the only way to remove the entry of a charge from the Encumbrances Section of the Land Register, which is necessary for the owner to sell the property or use it as security for a new facility.
The downloadable template includes specific fields for the Title Number, the Date of Discharge, and the Entry Number of the original charge being released. It also captures the Principal Amount originally secured and requires the Chargee to confirm that the debt has been satisfied. The document must be executed as a deed, typically sealed by the lending institution or signed by its authorized attorneys. Rigorous verification under Section 45 of the Land Registration Act is mandatory, including the provision of colored photographs, ID/Passport numbers, and Tax PIN numbers for all signatories. This legally compliant, ready-to-use template ensures the professional and legal removal of charges, protecting the property rights of owners within Kenya's land registration system.