The mortgage has been paid off, and the formalities for canceling the real estate license shall be handled by the lending bank.
Because before lending, the developer issues the purchase contract and related materials, handles the real estate license, and then the bank takes it to the real estate center to do the mortgage pledge formalities for the record before lending.
Is the real estate license transferred from the developer to the buyer or kept by the bank? After the mortgage is paid off, the bank applies for cancellation of mortgage filing procedures, and then gives property ownership certificates to the buyers.