Legal analysis: After the mortgage is paid off, you only need to go to the bank to issue a loan settlement certificate, get back the real estate license, land certificate and other warrants mortgaged at the bank, and cancel the other warrants at the local housing management office with the settlement certificate, power of attorney and mortgage cancellation application form issued by the bank.

Legal basis: Article 470th of the Civil Code of People's Republic of China (PRC). The contents of the contract shall be agreed by the parties, and generally include the following clauses:

(1) The name and domicile of the party concerned;

(2) Subject matter;

(3) quantity;

(4) quality;

(5) Price or remuneration;

(6) Time limit, place and method of performance;

(7) Liability for breach of contract;

(8) Methods for resolving disputes.

The parties may conclude a contract by referring to the model texts of various contracts.