The Satisfaction of Lien Document is essential when a debt or obligation secured by property has been fully paid or satisfied. This document is commonly used across the United States to clear property titles and remove encumbrances. When executing a Satisfaction of Lien Document, the lien holder acknowledges receipt of payment and relinquishes all claims to the property. The document must include specific information about the original lien, property description, and parties involved, and typically requires notarization before being recorded with the appropriate government office.
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1. Document Title: Clear identification as 'Satisfaction of Lien' or 'Release of Lien'
2. Parties: Identification of Lienor and Lienee with full legal names and addresses
3. Original Lien Information: Details of original lien including date, amount, and recording information
4. Property Description: Legal description of property if real estate lien
5. Satisfaction Statement: Clear statement that lien has been satisfied and is released
6. Execution: Signature blocks and notarization section
1. Partial Release Statement: Used when only part of the lien is being released
2. Consideration Statement: Details of payment or consideration received when required by local jurisdiction
3. Additional Representations: Additional statements about authority to release when lienor is corporation or requires special authority
1. Schedule A: Detailed legal property description for complex property descriptions
2. Schedule B: Original lien documentation when required by jurisdiction
3. Schedule C: Payment or satisfaction evidence when proof of satisfaction is required
Relevant legal definitions
Lien
Satisfaction
Property
Lienor
Lienee
Original Lien Amount
Recording Date
Recording Number
Original Lien Document
County Recorder
Recording Office
Release Date
Legal Description
Secured Obligation
Security Interest
Document Number
Original Filing Date
Governing Jurisdiction
Effective Date
Consideration
Authorized Representative
Notary Public
County of Recording
Property Address
Book and Page Number
Satisfaction
Property
Lienor
Lienee
Original Lien Amount
Recording Date
Recording Number
Original Lien Document
County Recorder
Recording Office
Release Date
Legal Description
Secured Obligation
Security Interest
Document Number
Original Filing Date
Governing Jurisdiction
Effective Date
Consideration
Authorized Representative
Notary Public
County of Recording
Property Address
Book and Page Number
Clauses
Identification of Parties
Property Description
Original Lien Reference
Satisfaction Statement
Release Declaration
Payment Acknowledgment
Authority to Execute
Representations and Warranties
Governing Law
Recording Authorization
Notarization Requirements
Further Assurances
Successors and Assigns
Entire Agreement
Counterparts
Severability
Notice Requirements
Indemnification
Amendment and Modification
Waiver of Rights
Property Description
Original Lien Reference
Satisfaction Statement
Release Declaration
Payment Acknowledgment
Authority to Execute
Representations and Warranties
Governing Law
Recording Authorization
Notarization Requirements
Further Assurances
Successors and Assigns
Entire Agreement
Counterparts
Severability
Notice Requirements
Indemnification
Amendment and Modification
Waiver of Rights
Relevant Industries
Relevant Teams
Relevant Roles
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