Lien Release Bond for the United Kingdom

Lien Release Bond Template for England and Wales

A Lien Release Bond is a legal instrument under English and Welsh law that provides security to replace an existing lien on property. It allows the property owner to clear the title while protecting the lien holder's interests. The bond acts as a guarantee that the underlying obligation will be satisfied, effectively transferring the security from the property to the bond itself. This document is commonly used in construction and property development contexts where quick release of liens is necessary to facilitate further transactions or development.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Lien Release Bond

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

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

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Release of Lien

Cost

Free to use
Industries

Law of Property Act 1925: Fundamental legislation governing property rights and interests, including provisions relating to legal charges and liens, and requirements for release of security interests

Companies Act 2006: Governs company-related aspects including execution of documents and corporate authority requirements when any party is a company

Law of Contract (Rights of Third Parties) Act 1999: Fundamental contract law principles governing contract formation, enforcement, and third party rights

Financial Services and Markets Act 2000: Regulates financial activities and sets requirements for security providers in financial transactions

Civil Procedure Rules: Contains enforcement procedures, with Part 73 specifically addressing charging orders and liens

Housing Grants, Construction and Regeneration Act 1996: Also known as the Construction Act, contains provisions relating to construction liens and security

Insolvency Act 1986: Governs the impact on security interests in insolvency situations and determines priority of claims

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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.

find out more

Lien Waiver

A legal document under English and Welsh law where a party waives their right to place a lien on property in exchange for payment.

find out more

Vendor Lien Waiver

An England & Wales legal document waiving vendor lien rights after payment in construction or development projects.

find out more

Title Lien Release Form

An England & Wales legal document releasing a property's lien, confirming discharge of secured obligations.

find out more

Supplier Unconditional Lien Waiver

An England & Wales legal document confirming supplier payment and waiving lien rights on property or assets.

find out more

Subcontractor Waiver And Release Form

An England & Wales legal document confirming subcontractor payment and waiving claims post-project completion.

find out more

Statement Of Lien Satisfaction

An England & Wales document confirming full payment and satisfaction of a property-related lien.

find out more

Roofing Lien Release Form

An England & Wales document confirming payment and releasing contractor claims for completed roofing work.

find out more

Satisfaction And Release Of Lien

An England & Wales document releasing property from a lien after full payment of secured obligations.

find out more

Removal Of Lien On The Property

An England & Wales legal document confirming the removal of a lien, releasing property from specified encumbrances.

find out more

Release Of Lien On Real Property Form

An England & Wales legal document confirming the discharge of a lien on real property.

find out more

Release Of Lien And Affidavit

An England & Wales legal document releasing property liens and confirming debt settlement through an affidavit.

find out more

Release Of First Lien On Car Title

An England & Wales document confirming lender's release of claims on a vehicle after loan repayment.

find out more

Release And Reconveyance Of Deed Of Trust

An England & Wales document terminating a trust, transferring property title, and fulfilling legal obligations.

find out more

Real Estate Lien Release

An England & Wales document releasing property lien rights after debt satisfaction for title clearance.

find out more

Progress Payment Lien Waiver

An England & Wales document waiving rights to claim against completed construction work phases upon payment receipt.

find out more

Preliminary Lien Release

An England & Wales legal document waiving lien rights upon partial payment in construction projects.

find out more

Notice Of Lien Release

An England & Wales legal document releasing a lien, confirming debt satisfaction, and protecting property owners.

find out more

Mortgage Lien Release Letter

An England & Wales legal document confirming mortgage discharge and authorizing charge removal from Land Registry records.

find out more

Lien Release Document Car

An England & Wales legal document confirming the release of a vehicle's financial encumbrances.

find out more

Lienholder Form For Car

An England & Wales legal document securing creditor interests in financed or collateralized vehicle transactions.

find out more

Lien Satisfaction Form

An England & Wales document confirming lien discharge and releasing security interest on property.

find out more

Lien Release Letter For Car

An England & Wales legal document confirming the release of a vehicle lien after loan repayment.

find out more

Letter Of Lien Satisfaction

An England & Wales legal document confirming full satisfaction and removal of a property lien.

find out more

Final Payment Release Letter

A legal document from England & Wales granting power of attorney for financial and property affairs.

find out more

Discharge Of Lien Form

A legal document in England & Wales granting power of attorney for financial and property affairs management.

find out more

Contractor's Final Payment Affidavit Form

A legal contract in England & Wales outlining terms for the sale and transfer of property ownership.

find out more

Construction Contractor Lien Waiver Form

A legal agreement in England & Wales detailing the terms and conditions of a property lease between parties.

find out more

Construction Conditional Lien Waiver

A legal contract in England & Wales outlining terms for the transfer of property ownership between parties.

find out more

Contractor's Affidavit And Waiver Of Lien

A legal document from England & Wales granting power of attorney for financial and property affairs.

find out more

Contractor Final Payment Release

A legal agreement in England & Wales detailing the terms and conditions of a commercial property lease.

find out more

Conditional Final Waiver Of Lien Rights

A legal document from England & Wales granting power of attorney for financial and property affairs.

find out more

Satisfaction Of Lien Form

A legal document under English and Welsh law that confirms the discharge of a lien or charge against property.

find out more

Lien For Support Debt Release

An English and Welsh legal document that releases a property lien created to secure support payment obligations.

find out more

Simple Lien Waiver

A legal document under English and Welsh law where a party waives their right to place a lien on a property in exchange for payment.

find out more

Vehicle Lien Release

A legal document under England and Wales law that releases a creditor's security interest in a vehicle, confirming full satisfaction of related financial obligations.

find out more

Waiver Of Lien Labor And Materials

A legal document under English law where a party waives their right to claim payment for labor or materials through a property lien.

find out more

Lien Statement

A formal declaration of security interest in property under English and Welsh law, establishing the lien holder's right to retain possession until debt satisfaction.

find out more

Lien Satisfied Title Holder Release

A legal document under English and Welsh law confirming the satisfaction of a lien and releasing the lien holder's interest in property.

find out more

Homeowner Lien Waiver Form

A legal document under English and Welsh law where contractors waive their right to place liens on property after receiving payment for work or materials.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now