The Lien Removal Form is a crucial document used across Canadian provinces to formally discharge liens registered against real or personal property. This document becomes necessary when a lien holder needs to remove their security interest in property, typically after receiving payment or reaching a settlement agreement. The form must comply with specific provincial requirements and contains detailed information about the original lien registration, property description, and all relevant parties. The document serves as conclusive evidence that the lien holder has released their claim against the property. A properly executed Lien Removal Form is essential for maintaining clear property titles and facilitating future property transactions. The form may be used in various contexts, including construction project completions, satisfaction of repair bills, or resolution of storage charges, and must be registered with the appropriate provincial registry office to be legally effective.
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1. Lien Information: Details of the original lien including registration number, date of registration, and amount
2. Property Description: Legal description of the property against which the lien was registered
3. Lien Holder Information: Full legal name and address of the person or entity that registered the lien
4. Property Owner Information: Full legal name and address of the property owner(s)
5. Discharge Statement: Formal statement declaring the full and final discharge of the lien
6. Consideration: Statement of consideration received for removing the lien, if applicable
7. Authorization: Statement of authority to discharge the lien
8. Execution Block: Signature blocks for lien holder and witness, including date and notarization requirements
1. Partial Discharge Statement: Used when only part of the lien is being discharged, specifying which portion remains
2. Multiple Property Release: Used when the lien affects multiple properties and specifies which properties are being released
3. Subordination Agreement Reference: Used when the lien removal is part of a subordination agreement
4. Assignment Reference: Used when the lien has been assigned to another party, including details of the assignment
5. Consideration Details: Detailed breakdown of payment or other consideration when required by jurisdiction
1. Schedule A - Property Description: Detailed legal description of property when too lengthy for main form
2. Schedule B - Supporting Documents: List of attached supporting documents such as proof of payment or authorization letters
3. Schedule C - Additional Lien Holders: Used when multiple lien holders are releasing their interests
4. Appendix 1 - Corporate Resolution: Required when the lien holder is a corporation, showing authorization to release the lien
5. Appendix 2 - Payment Evidence: Copies of payments or settlement agreements leading to the lien removal
Relevant legal definitions
Lien
Property
Registered Lien
Lien Registration Number
Lien Holder
Property Owner
Discharge
Land Registry Office
Personal Property Security Register
Legal Description
Consideration
Authorized Representative
Registration Date
Discharge Date
Original Amount
Outstanding Amount
Supporting Documentation
Governing Jurisdiction
Partial Discharge
Full Discharge
Security Interest
Principal Amount
Interest
Costs
Registration Particulars
Property
Registered Lien
Lien Registration Number
Lien Holder
Property Owner
Discharge
Land Registry Office
Personal Property Security Register
Legal Description
Consideration
Authorized Representative
Registration Date
Discharge Date
Original Amount
Outstanding Amount
Supporting Documentation
Governing Jurisdiction
Partial Discharge
Full Discharge
Security Interest
Principal Amount
Interest
Costs
Registration Particulars
Clauses
Relevant Industries
Real Estate
Construction
Banking and Finance
Legal Services
Property Development
Manufacturing
Automotive
Storage and Warehousing
Home Services
Industrial Equipment
Relevant Teams
Legal
Real Estate
Property Management
Construction Management
Credit and Collections
Risk Management
Corporate Secretariat
Documentation
Compliance
Operations
Relevant Roles
Property Manager
Real Estate Lawyer
Construction Project Manager
Legal Counsel
Title Examiner
Contracts Administrator
Real Estate Agent
Mortgage Officer
Construction Supervisor
Credit Manager
Collections Officer
Legal Assistant
Paralegal
Corporate Secretary
Risk Manager
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