Document background
The Partial Release of Lien Form is essential in Belgian property and security interest transactions where a creditor wishes to release their security interest in only a portion of the encumbered property. This document type is commonly used in scenarios such as partial property sales, refinancing arrangements, or when a portion of a secured debt has been satisfied. The form must comply with Belgian civil law requirements, including specific formalities under the Belgian Civil Code and Mortgage Law. It typically includes detailed identification of the original lien, precise description of the released portion, and confirmation of the remaining security interest. The document requires careful drafting to ensure it maintains the validity of the remaining lien while effectively releasing the intended portion, and often requires notarial intervention for proper execution and registration.
