Title Lien Release Letter Template for England and Wales

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Key Requirements PROMPT example:

Title Lien Release Letter

"I need a Title Lien Release Letter to release a security interest on a commercial property in Manchester following full repayment of a £2.5M loan that will be settled on March 15, 2025, with specific provisions for the release of associated personal guarantees."

Document background
A Title Lien Release Letter is essential when a borrower has fully satisfied their obligations under a loan agreement and requires formal confirmation that the lender's security interest has been released. This document, governed by English and Welsh law, provides definitive evidence that the lien has been discharged and the property is unencumbered. It typically includes details of the original lien, property description, and clear statement of release. The letter is commonly used in property sales, refinancing, or when clearing historical title records.
Suggested Sections

1. Lender/Lienholder Information: Full legal name and contact details of the entity releasing the lien

2. Borrower/Owner Information: Full legal name and details of the property owner

3. Property Description: Detailed description of the property subject to the lien

4. Lien Details: Original lien amount, date created, and reference numbers

5. Release Statement: Clear statement releasing all claims and interest in the property

6. Effective Date: Date when the release becomes effective

Optional Sections

1. Consideration Statement: Details of any payment or consideration for the release, if applicable

2. Conditional Release Terms: Any conditions that must be met before release becomes effective

3. Further Assurance Clause: Commitment to execute additional documents if needed

Suggested Schedules

1. Original Lien Documentation: Copy of the original lien agreement or registration

2. Property Title Documents: Relevant title or registration documents

3. Payment Evidence: If applicable, proof of final payment or satisfaction of debt

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

Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Property Act 1925: Primary legislation governing real property in England and Wales, particularly relevant for the formal requirements of releasing security interests and charges in property

Land Registration Act 2002: Legislation governing the registration of land and property rights, including the process and requirements for updating land registry records and removing registered charges

Bills of Sale Acts 1878 and 1882: Historical legislation still relevant for security interests in personal property, specifying requirements for releasing security interests in personal chattels

Consumer Credit Act 1974: Legislation governing consumer credit arrangements, including requirements for ending security interests related to consumer credit agreements

Financial Services and Markets Act 2000: Regulatory framework for financial institutions, including compliance requirements for regulated entities when releasing security interests

Companies Act 2006: Principal legislation governing company operations in the UK, including requirements for corporate execution of documents and release of securities

Common Law Principles: Established legal principles regarding release of security interests, contractual requirements for valid releases, and principles of consideration in English law

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

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