A Release of Lien on Real Property is utilized when a debt or obligation secured by real property has been satisfied, requiring the lien holder to formally relinquish their claim. This document is essential in clearing title to property and is commonly used in real estate transactions, construction project completions, and loan satisfactions. The release must comply with state-specific requirements and typically includes details about the original lien, property description, and parties involved. It serves as official documentation that the property is no longer encumbered by the specific lien.
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1. Title and Date: Document identification and effective date
2. Parties: Identification of lien holder and property owner
3. Property Description: Legal description of the property subject to the lien
4. Lien Information: Details of the original lien being released
5. Release Statement: Formal statement releasing the lien
6. Execution: Signature blocks and notary acknowledgment
1. Consideration Statement: Statement of payment or other consideration received - used when payment was received in exchange for the release
2. Partial Release Provisions: Details of partial lien release - used when only releasing lien on portion of property
3. Representations and Warranties: Additional assurances from lien holder - used when additional certainty is required
1. Exhibit A - Property Description: Detailed legal description of the property
2. Exhibit B - Original Lien Document: Copy or reference to the original lien being released
3. Exhibit C - Supporting Documents: Any additional documentation supporting the release
Relevant legal definitions
Lien
Real Property
Original Lien Holder
Property Owner
Effective Date
Recording Date
Original Lien Document
Legal Description
Consideration
Release
Secured Obligation
Property Address
Recording Office
Instrument Number
Book and Page Number
County
State
Satisfaction of Debt
Authorized Representative
Notary Public
Real Property
Original Lien Holder
Property Owner
Effective Date
Recording Date
Original Lien Document
Legal Description
Consideration
Release
Secured Obligation
Property Address
Recording Office
Instrument Number
Book and Page Number
County
State
Satisfaction of Debt
Authorized Representative
Notary Public
Clauses
Release and Discharge
Property Description
Consideration
Representations and Warranties
Authority to Execute
Recording and Filing
Governing Law
Further Assurances
Acknowledgment
Notarization
Binding Effect
Successors and Assigns
Counterparts
Severability
Entire Agreement
Amendment
Waiver
Execution Authority
Property Description
Consideration
Representations and Warranties
Authority to Execute
Recording and Filing
Governing Law
Further Assurances
Acknowledgment
Notarization
Binding Effect
Successors and Assigns
Counterparts
Severability
Entire Agreement
Amendment
Waiver
Execution Authority
Relevant Industries
Relevant Teams
Relevant Roles
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