The Affidavit of Release of Liens is a crucial document in Singapore's construction and property sectors, used when a party wishes to formally relinquish their lien rights against a property or project. This document is typically executed after payment has been received or claims have been settled, providing legal assurance to property owners and stakeholders that no further claims exist. It must comply with Singapore's strict legal requirements, including proper execution before a Commissioner for Oaths and adherence to the Building and Construction Industry Security of Payment Act. The affidavit includes detailed information about the property, the liens being released, and the parties involved.
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Key Requirements PROMPT example:
Affidavit Of Release Of Liens
"I need an Affidavit of Release of Liens for a completed warehouse construction project in Singapore, where our company (ABC Construction Pte Ltd) needs to release all liens after receiving final payment of SGD 2.5 million on March 15, 2025."
1. Title and Introduction: Identifies the document as an affidavit and the deponent
2. Personal Details: Deponent's full name, NRIC/passport number, address, and capacity
3. Property/Project Description: Detailed description of property/project subject to liens
4. Lien Details: Description of liens being released including dates and amounts
5. Declaration of Release: Formal statement releasing all claims and liens
6. Verification Statement: Statement affirming truth of contents
7. Execution Block: Signature, date, and notarization details
1. Consideration Statement: Details of payment received, if applicable - used when release is in exchange for payment
2. Corporate Authority: Statement of authority to execute on behalf of company - used when deponent represents a company
3. Conditional Release Provisions: Conditions that must be met for release to take effect - used when release is subject to conditions
1. Schedule of Liens: Detailed list of all liens being released with registration numbers
2. Property Details: Legal description of property/project
3. Supporting Documents: Copies of original lien registrations or related documents
4. Corporate Resolution: Resolution authorizing release of liens, required when deponent represents a company
Authors
Relevant legal definitions
Affiant
Property
Liens
Release Date
Consideration
Contract Works
Project
Principal Sum
Lien Rights
Completion Date
Original Contract
Registered Interest
Security Interest
Claim Amount
Payment
Works
Site
Construction Period
Beneficiary
Related Documents
Statutory Declaration
Commissioner for Oaths
Effective Date
Supporting Documents
Registration Numbers
Authorized Representative
Corporate Authority
Property Description
Project Reference
Verification Statement
Property
Liens
Release Date
Consideration
Contract Works
Project
Principal Sum
Lien Rights
Completion Date
Original Contract
Registered Interest
Security Interest
Claim Amount
Payment
Works
Site
Construction Period
Beneficiary
Related Documents
Statutory Declaration
Commissioner for Oaths
Effective Date
Supporting Documents
Registration Numbers
Authorized Representative
Corporate Authority
Property Description
Project Reference
Verification Statement
Clauses
Identification of Parties
Property Description
Lien Description
Release Statement
Payment Acknowledgment
Verification Statement
Authority to Execute
Waiver of Rights
Representations and Warranties
Indemnification
Governing Law
Attestation
Notarization
Further Assurance
Entire Agreement
Severability
Binding Effect
Conditional Release Terms
Supporting Documentation
Corporate Authorization
Prior Claims
Final Payment
Release Scope
Sworn Statement
Execution Requirements
Property Description
Lien Description
Release Statement
Payment Acknowledgment
Verification Statement
Authority to Execute
Waiver of Rights
Representations and Warranties
Indemnification
Governing Law
Attestation
Notarization
Further Assurance
Entire Agreement
Severability
Binding Effect
Conditional Release Terms
Supporting Documentation
Corporate Authorization
Prior Claims
Final Payment
Release Scope
Sworn Statement
Execution Requirements
Relevant Industries
Relevant Teams
Relevant Roles
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