A releasable mooring pendant apparatus that can be coupled or decoupled to a boat. The apparatus comprising of a pair of clips, one at each end of a rod, with each clip comprising hook and ring sections, and an opening therebetween defining a mouth. A movable arm placed under tension to biasly maintain each clip in a closed position, and each clip may only be opened upon activation through the intermedium of a functional retractor lever by a boater pulling on a cable, wherein a functional retractor lever causes a greater force on the movable arm such that the clip is caused to open. The mooring pendant apparatus operates as an extension of the boater's arm, and it can be utilized either by keeping the apparatus on the boat or leaving it connected to the mooring line and also to the mooring ball.