A Release of Lien on Real Property is utilized when a lien holder wishes to formally relinquish their claim against a specific property in Ireland. This document becomes necessary when a debt or obligation secured by the property has been satisfied, when reaching a settlement agreement, or when the lien holder otherwise agrees to release their interest. The document must comply with Irish property law, particularly the Land and Conveyancing Law Reform Act 2009 and the Registration of Title Act 1964. It contains crucial information including property details, original lien information, and party identification. This release is typically registered with the appropriate Irish property registry to ensure clear title and proper public record of the release. The document is essential for maintaining clear property titles and facilitating future property transactions.
Release Of Lien On Real Property for Ireland
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Key Requirements PROMPT example:
Release Of Lien On Real Property
"I need a Release of Lien on Real Property document for my Dublin residential property at 123 O'Connell Street, as I've fully repaid my construction loan to ABC Builders Ltd and need to clear the mechanic's lien they placed on March 15, 2025."
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1. Identification of Parties: Full legal names and addresses of the Lien Holder (Releasor) and Property Owner (Releasee), including their roles and capacities
2. Property Description: Detailed legal description of the property as registered in the Land Registry or Registry of Deeds, including folio number and county location
3. Lien Description: Details of the original lien including date created, amount, and how it was recorded/registered
4. Consideration Statement: Statement of consideration received for the release, whether monetary or other form
5. Release Declaration: Formal statement releasing and discharging the lien and relinquishing all rights to the property
6. Execution: Signature blocks for the Lien Holder, including any witness requirements and notarization/authentication sections
1. Partial Release Statement: Only included when releasing a portion of the property from the lien while maintaining the lien on other portions
2. Representations and Warranties: Optional statements regarding the lien holder's authority to release the lien and ownership of the lien rights
3. Governing Law: While Irish law is implied, this section may be included for additional clarity, especially in cases involving international parties
4. Prior Agreements: Reference to any settlement or payment agreements that led to this release, if applicable
1. Schedule A - Property Description: Detailed legal description of the property including maps, boundaries, and Land Registry references
2. Schedule B - Original Lien Documentation: Copies or references to the original lien documentation including registration details
3. Schedule C - Payment Confirmation: If applicable, details of the payment or satisfaction of the debt that led to the release
Authors
Relevant legal definitions
Property
Lien
Original Lien
Lien Holder
Property Owner
Release Date
Effective Date
Registration
Land Registry
Folio Number
Security Interest
Consideration
Discharge
Encumbrance
Original Security Document
Relevant Authority
Property Description
Registered Owner
Title Documents
Release Instrument
Business Day
Governing Law
Lien
Original Lien
Lien Holder
Property Owner
Release Date
Effective Date
Registration
Land Registry
Folio Number
Security Interest
Consideration
Discharge
Encumbrance
Original Security Document
Relevant Authority
Property Description
Registered Owner
Title Documents
Release Instrument
Business Day
Governing Law
Clauses
Party Identification
Property Description
Lien Description
Release Declaration
Consideration
Representations and Warranties
Authority to Execute
Governing Law
Registration and Filing
Further Assurances
Entire Agreement
Severability
Execution
Attestation
Notice
Amendment
Assignment
Successors and Assigns
Property Description
Lien Description
Release Declaration
Consideration
Representations and Warranties
Authority to Execute
Governing Law
Registration and Filing
Further Assurances
Entire Agreement
Severability
Execution
Attestation
Notice
Amendment
Assignment
Successors and Assigns
Relevant Industries
Real Estate
Banking & Financial Services
Construction
Legal Services
Property Development
Government & Public Sector
Property Management
Mortgage Services
Relevant Teams
Legal
Real Estate
Property Management
Finance
Mortgage Operations
Construction Management
Title Administration
Risk Management
Compliance
Document Management
Relevant Roles
Real Estate Attorney
Property Lawyer
Conveyancing Solicitor
Property Manager
Construction Project Manager
Mortgage Officer
Legal Counsel
Title Officer
Property Development Manager
Real Estate Transaction Coordinator
Lien Administrator
Property Rights Specialist
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