A Written Release of Lien is utilized when a party who previously filed a lien against a property wishes to formally release their claim. This document is commonly used in construction projects, property transactions, and other situations where a lien holder has received satisfaction of their claim. The release must comply with specific state requirements and typically includes details about the original lien, property description, and parties involved. This document is crucial for clearing property titles and facilitating property transfers. The Written Release of Lien must be properly executed and recorded in the appropriate jurisdiction to be legally effective.
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1. Identification of Parties: Names and details of lien holder and property owner
2. Property Description: Legal description of the property affected by the lien
3. Original Lien Information: Details of the original lien including amount, recording date, and instrument number
4. Release Statement: Formal statement releasing the lien
5. Execution: Signature blocks and notarization
1. Partial Release Statement: Used when only a portion of the original lien amount is being released
2. Consideration Statement: Statement documenting payment or other consideration received for the release
3. Conditions: Any conditions that must be met for the release to be effective
1. Property Description Exhibit: Detailed legal description of property if too lengthy for main document
2. Original Lien Documentation: Copies of original lien filing documents
3. Payment Documentation: Evidence of payment or satisfaction of lien, if required
Relevant legal definitions
Lien
Property
Lien Holder
Owner
Original Lien Amount
Recording Date
Instrument Number
Release Date
Subject Property
Legal Description
Consideration
County Recorder
Effective Date
Original Contractor
Project
Work Performed
Contract Amount
Notice of Completion
Partial Release
Final Release
Mechanics Lien
Construction Lien
Public Records
Recording Office
Satisfaction of Lien
Property
Lien Holder
Owner
Original Lien Amount
Recording Date
Instrument Number
Release Date
Subject Property
Legal Description
Consideration
County Recorder
Effective Date
Original Contractor
Project
Work Performed
Contract Amount
Notice of Completion
Partial Release
Final Release
Mechanics Lien
Construction Lien
Public Records
Recording Office
Satisfaction of Lien
Clauses
Identification of Parties
Property Description
Lien Description
Release Statement
Consideration
Representations and Warranties
Acknowledgment
Payment Confirmation
Recording Authorization
Governing Law
Severability
Further Assurances
Authority to Execute
Waiver of Rights
Indemnification
Notarization
Execution
Attestation
Successor Rights
Entire Agreement
Property Description
Lien Description
Release Statement
Consideration
Representations and Warranties
Acknowledgment
Payment Confirmation
Recording Authorization
Governing Law
Severability
Further Assurances
Authority to Execute
Waiver of Rights
Indemnification
Notarization
Execution
Attestation
Successor Rights
Entire Agreement
Relevant Industries
Relevant Teams
Relevant Roles
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