All Countries
Real Estate
Lien Release Form

Lien Release Form Template for Indonesia

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

4.6 / 5
4.8 / 5

Let's create your Lien Release Form

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

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 Form

"I need a Lien Release Form under Indonesian law for releasing a bank's security interest over manufacturing equipment following full repayment of a business loan worth IDR 5 billion, with the release to be effective March 15, 2025."

Celebrated by
Collaborations with
Investors
Document background
A Lien Release Form (Surat Pelepasan Hak Tanggungan) is a critical document in Indonesian secured transactions, used when a borrower has fully satisfied their debt obligations and the creditor needs to formally relinquish their security interest in the collateral. This document is essential in various contexts, including property transactions, business financing, and asset management. The form must comply with Indonesian legal requirements, including proper execution before a notary public and registration with relevant authorities where required. The document typically includes details of the original security interest, property description, and confirmation of debt satisfaction. Under Indonesian law, this release is crucial for clearing property titles and enabling future transactions involving the released asset.
Suggested Sections

1. Header and Date: Official letterhead, document title ('Surat Pelepasan Hak Tanggungan'/'Lien Release Form'), and date of execution

2. Creditor Details: Full legal name and address of the lienholder/creditor, including any registration numbers for companies

3. Debtor Details: Full legal name and address of the debtor/obligor

4. Original Lien Information: Details of the original security interest, including registration numbers, date of creation, and secured amount

5. Property Description: Clear identification of the property or asset being released from the lien

6. Release Declaration: Formal statement releasing the security interest and confirming satisfaction of the underlying obligation

7. Execution Block: Signature blocks for all required parties, including notary attestation section as required by Indonesian law

Optional Sections

1. Partial Release Statement: Used when only part of the secured property is being released while maintaining security over other assets

2. Multiple Creditor Acknowledgment: Required when there are multiple creditors with security interests in the same property

3. Consideration Statement: Statement of any payment or consideration given for the release, if applicable

4. Governing Law Declaration: While Indonesian law is implied, this section may be added for clarity in international transactions

5. Language Declaration: Required if the document is bilingual or if there are foreign parties involved

Suggested Schedules

1. Property Details Schedule: Detailed legal description of the property being released, including registration numbers and certificates

2. Original Security Documents: Copies or details of the original security agreements and registration certificates being released

3. Payment Confirmation: Evidence of debt satisfaction or payment receipts, if applicable

4. Corporate Authorizations: For corporate parties, relevant board resolutions or powers of attorney authorizing the release

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

Banking and Financial Services

Real Estate and Property Development

Construction and Infrastructure

Manufacturing

Agriculture and Plantations

Mining and Resources

Shipping and Maritime

Commercial Leasing

Industrial Development

Small and Medium Enterprises

Relevant Teams

Legal

Finance

Credit Administration

Risk Management

Compliance

Real Estate

Corporate Secretariat

Asset Management

Loan Operations

Collections

Property Management

Documentation

Transaction Processing

Relevant Roles

Legal Counsel

Corporate Secretary

Finance Manager

Credit Officer

Property Manager

Loan Officer

Compliance Officer

Risk Manager

Real Estate Manager

Contract Administrator

Legal Operations Manager

Security Documentation Officer

Asset Manager

Collection Manager

Transaction Manager

Industries
Indonesian Civil Code (KUHPerdata): The fundamental law governing contracts, obligations, and property rights in Indonesia, particularly Articles 1150-1160 regarding pledges and security interests
Law No. 42 of 1999 on Fiduciary Security: Regulates security interests in movable assets and the requirements for their release
Law No. 4 of 1996 on Land Mortgage: Governs mortgages on land and buildings, including the process of releasing such security interests
Government Regulation No. 24 of 1997 on Land Registration: Specifies the procedures for registering and releasing security interests in land and property
Law No. 30 of 2004 on Notary Position: Establishes requirements for document authentication and the role of notaries in executing legal documents including lien releases
Law No. 37 of 2004 on Bankruptcy and Suspension of Debt Payment: Relevant for lien releases in the context of bankruptcy proceedings or debt restructuring
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

Release Of Debt Form

An Indonesian law-compliant document that formally releases a debtor from their debt obligations to a creditor, executed under the Indonesian Civil Code.

find out more

Lien Release Form

An Indonesian law-governed document that formally releases a security interest over property, confirming debt satisfaction and terminating the creditor's claims.

find out more

Liability Release Statement

An Indonesian law-compliant document that releases one party from liability for specified risks or activities, structured according to KUHPerdata requirements.

find out more

Lien Waiver Form

An Indonesian law-compliant document that releases a party's right to file a lien against a property in exchange for payment for work or materials provided.

find out more

Model Waiver Form

An Indonesian-law compliant waiver form template for managing activity-related risks and liability releases between organizations and participants.

find out more

Release Of Lien Document

An Indonesian law-governed document that formally releases a registered lien or security interest over property, requiring notarization and registration with the National Land Office.

find out more

Partial Lien Release

An Indonesian law-compliant document that releases a specific portion of property from an existing lien while maintaining security over the remaining property.

find out more

Waiver And Release Of Lien

An Indonesian law-compliant document that releases lien rights on property following payment for construction services or materials.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.