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Affidavit Of Release Of Liens

Affidavit Of Release Of Liens Template for Indonesia

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Key Requirements PROMPT example:

Affidavit Of Release Of Liens

"I need an Affidavit of Release of Liens for my construction company to release a mechanic's lien on a commercial property in Jakarta, with the release to be effective March 15, 2025, as all contract obligations have been fulfilled."

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Document background
The Affidavit of Release of Liens is a crucial document in Indonesian property and security interest transactions, used when a lien holder needs to formally declare that a debt or obligation has been satisfied and the associated lien is being released. This document is particularly important in Indonesia's civil law system, where formal documentation and notarization are required for property-related matters. The affidavit must comply with Indonesian notarial laws and property regulations, including the Civil Code (Kitab Undang-undang Hukum Perdata) and specific regulations on security interests. It typically includes detailed information about the property, the original lien, proof of satisfaction of the underlying obligation, and the lien holder's explicit release declaration. The document serves as definitive evidence that the property is free from the specified encumbrance.
Suggested Sections

1. Title and Venue: Specifies the document type and jurisdiction (Indonesia)

2. Affiant Information: Full legal name, address, and capacity of the person making the affidavit

3. Property Description: Detailed description of the property or properties from which liens are being released

4. Lien Details: Specific information about the liens being released, including registration numbers and dates

5. Declaration of Release: Explicit statement declaring that the liens are fully satisfied and released

6. Authority Statement: Affiant's declaration of authority to release the liens

7. Verification Statement: Standard affidavit language verifying that all statements are true and correct

8. Execution Block: Space for affiant's signature, date, and notary's attestation

Optional Sections

1. Additional Declarants: Required when multiple parties are releasing liens

2. Consideration Statement: Include when the release is given in exchange for specific consideration

3. Conditional Release Provisions: Used when the release is subject to specific conditions

4. Prior Lien History: Include when there's a complex history of liens that needs to be documented

5. Witness Section: Required in some jurisdictions or when additional verification is desired

Suggested Schedules

1. Schedule A - Property Details: Detailed legal description of the property/properties

2. Schedule B - Lien Documents: Copies or details of original lien documentation

3. Schedule C - Payment Evidence: Proof of payment or satisfaction of the liens (if applicable)

4. Schedule D - Supporting Documents: Any additional documentation supporting the release of liens

5. Appendix 1 - Corporate Resolutions: Required when the affiant is acting on behalf of a corporation

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Construction

Banking and Finance

Manufacturing

Infrastructure Development

Property Development

Mining

Agriculture

Industrial

Commercial Property

Relevant Teams

Legal

Finance

Real Estate

Compliance

Risk Management

Operations

Property Management

Corporate Affairs

Project Management

Asset Management

Relevant Roles

Legal Counsel

Property Manager

Real Estate Manager

Finance Director

Chief Financial Officer

Company Secretary

Compliance Officer

Risk Manager

Asset Manager

Construction Project Manager

Corporate Lawyer

Title Officer

Financial Controller

Operations Director

Industries
Indonesian Civil Code (Kitab Undang-undang Hukum Perdata): The fundamental law governing civil matters including property rights, contracts, and obligations. Articles 1150-1160 specifically deal with liens and security rights.
Law No. 4 of 1996 on Land Mortgage (Hak Tanggungan): Regulates security rights over land and land-related objects, including the process of creating and releasing liens on property.
Law No. 42 of 1999 on Fiduciary Security (Jaminan Fidusia): Governs fiduciary transfers and security interests in movable assets, including the registration and release of such security interests.
Law No. 30 of 2004 on Notary Position (Jabatan Notaris): Regulates the role and authority of notaries in Indonesia, including their power to create and authenticate affidavits and other legal documents.
Supreme Court Regulation No. 02 of 2015: Provides procedures for simple lawsuit resolution, including matters related to debt and liens, which may be relevant to lien releases.
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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