Lien Release Bond Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Lien Release Bond

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Lien Release Bond

"Need a Lien Release Bond to replace a construction lien of Ã‚Â£500,000 on our London commercial property development, with ABC Insurance Company as surety, to allow the property sale to proceed while we resolve the underlying payment dispute with our contractor."

What is a Lien Release Bond?

A Lien Release Bond is utilized when there is a need to clear a lien from property while ensuring the lien holder's interests remain protected. Under English and Welsh law, this document serves as a financial guarantee, typically issued by a surety company, that replaces the security interest provided by the original lien. The bond amount usually equals or exceeds the value of the disputed lien, providing assurance that the underlying obligation will be satisfied. This instrument is particularly valuable in situations where property transactions need to proceed without delay, such as in construction projects or property sales, while disputed claims are being resolved.

What sections should be included in a Lien Release Bond?

1. Parties: Identifies all parties to the bond including principal, surety, and obligee

2. Background: Details the underlying obligation and reason for the lien release bond

3. Definitions: Key terms used throughout the document

4. Bond Amount: Specifies the penal sum of the bond

5. Conditions of the Bond: Sets out the primary obligations and conditions for release

6. Duration: Specifies the term of the bond and any renewal provisions

7. Execution: Signature blocks and attestation requirements

What sections are optional to include in a Lien Release Bond?

1. Multiple Obligees: Required when there are multiple beneficiaries of the bond - use when multiple parties have interest in the underlying lien

2. Step-in Rights: Provisions for surety to take over obligations - use when requested by sophisticated parties or high-value transactions

3. Dispute Resolution: Specific procedures for resolving disputes - use for complex transactions or where standard court procedures are not preferred

What schedules should be included in a Lien Release Bond?

1. Schedule of Property: Details of the property subject to the original lien

2. Original Lien Documentation: Copies of the original lien being released

3. Corporate Authorizations: Required corporate approvals and resolutions

4. Form of Notice: Template for any required notices under the bond

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Corporate
Financial Services
Technology
Manufacturing
Retail
Professional Services

Relevant Teams

Human Resources
Legal
Finance
Operations
Compliance
Information Technology

Relevant Roles

Chief Executive Officer
Department Manager
Senior Professional
Junior Staff Member
Contractor

Find the exact document you need

Letter Of Lien Release

A formal document under English and Welsh law that releases a security interest or lien held over property or assets.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Lien Release Bond

What is a Lien Release Bond?

What sections should be included in a Lien Release Bond?

What sections are optional to include in a Lien Release Bond?

What schedules should be included in a Lien Release Bond?

Authors

Alex Denne

Find the exact document you need

Letter Of Lien Release

Lien Waiver

Vendor Lien Waiver

Title Lien Release Form

Supplier Unconditional Lien Waiver

Subcontractor Waiver And Release Form

Statement Of Lien Satisfaction

Roofing Lien Release Form

Satisfaction And Release Of Lien

Removal Of Lien On The Property

Release Of Lien On Real Property Form

Release Of Lien And Affidavit

Release Of First Lien On Car Title

Release And Reconveyance Of Deed Of Trust

Real Estate Lien Release

Progress Payment Lien Waiver

Preliminary Lien Release

Notice Of Lien Release

Mortgage Lien Release Letter

Lien Release Document Car

Lienholder Form For Car

Lien Satisfaction Form

Lien Release Letter For Car

Letter Of Lien Satisfaction

Final Payment Release Letter

Discharge Of Lien Form

Contractor's Final Payment Affidavit Form

Construction Contractor Lien Waiver Form

Construction Conditional Lien Waiver

Contractor's Affidavit And Waiver Of Lien

Contractor Final Payment Release

Conditional Final Waiver Of Lien Rights

Satisfaction Of Lien Form

Lien For Support Debt Release

Simple Lien Waiver

Vehicle Lien Release

Waiver Of Lien Labor And Materials

Lien Statement

Lien Satisfied Title Holder Release

Homeowner Lien Waiver Form

General Contractor Lien Waiver Affidavit

Generic Lien Release Form

Contractor's Affidavit Of Release Of Liens

Partial Release Of Deed Of Trust

General Contractor Lien Release

Duplicate Lien Release

Release Of Lien Bond Form

Satisfaction Of Lien Document

Supplier Lien Waiver

General Contractor Lien Waiver

Partial Lien Release Mortgage

Lien Release Bond

Contractor Final Payment Release Letter

Unconditional Waiver

Mortgage Lien Release

Lienholder Release Form

Lien Satisfaction Letter

Contractor's Final Release And Waiver Of Lien

Contractor Waiver

Unconditional Waiver And Release On Progress Payment

Release Of Lien On Real Property

Vehicle Lien Release Form

Mortgage Lien Release Form

Contractor Lien Waiver

Release Of Lien Document

Construction Lien Release

Collateral Release Letter

Partial Lien Release

Partial Release Of Lien Form

Lien Release Letter

Download our whitepaper on the future of AI in Legal