{"ok":true,"canonical_url":"https://dealroom.so/glossary/full-release","api_url":"https://dealroom.so/api/public/glossary/full-release","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"full-release","term":"Full Release","group":"Doing the deal","definition":"A full release confirms that parties involved in a deal have no further claims against each other regarding specific obligations or liabilities. It's a critical step in finalizing the transaction.","what_it_means":"At closing, or upon the satisfactory completion of post-closing conditions like an earnout or escrow period, a full release is executed. This document legally discharges parties from future claims related to the purchase agreement, providing finality and peace of mind. Your legal counsel will ensure all necessary releases are properly drafted and signed.","url":"https://dealroom.so/glossary/full-release","official_sources":[],"related":[{"slug":"escrow-holdback","term":"Escrow / holdback","url":"https://dealroom.so/glossary/escrow-holdback"},{"slug":"earnout","term":"Earnout","url":"https://dealroom.so/glossary/earnout"},{"slug":"non-compete","term":"Non-compete","url":"https://dealroom.so/glossary/non-compete"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"}],"related_questions":[{"question":"What is the process for a lender to request a full release of personal guaranty from a principal for an SBA 7(a) loan post-closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-process-for-a-lender-to-request-a-full-release-of-personal-guaranty-from-a-pri"},{"question":"When can a lender release collateral on a 7(a) loan without obtaining prior SBA approval?","url":"https://dealroom.so/for-lenders/questions/when-can-a-lender-release-collateral-on-a-7-a-loan-without-obtaining-prior-sba-approval"},{"question":"Can a lender release a personal guarantor without SBA approval if collateral fully covers the loan?","url":"https://dealroom.so/for-lenders/questions/can-a-lender-release-a-personal-guarantor-without-sba-approval-if-collateral-fully-covers-"},{"question":"Is it possible to request a release for a personal guarantor before the SBA loan is fully repaid?","url":"https://dealroom.so/sba-7a/questions/is-it-possible-to-request-a-release-for-a-personal-guarantor-before-the-sba-loan-is-fully-"},{"question":"What are the SBA's requirements for a lender to release a personal guarantor from a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-are-the-sba-s-requirements-for-a-lender-to-release-a-personal-guarantor-from-a-7-a-lo"},{"question":"What are the specific requirements for a lender to release collateral on a 7(a) loan during its term?","url":"https://dealroom.so/for-lenders/questions/what-are-the-specific-requirements-for-a-lender-to-release-collateral-on-a-7-a-loan-during"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Full Release","url":"https://dealroom.so/glossary/full-release","source_type":"DealRoom Data"}}