Document background
A Partial Release Of Lien Form is a crucial document in Swiss property and financing transactions, used when a lienholder agrees to release their security interest in a portion of a property or reduce the amount of the lien while maintaining the remainder. This document is commonly used in situations such as partial property sales, refinancing arrangements, or when a portion of a secured debt has been satisfied. The form must comply with Swiss federal and cantonal regulations, requiring specific formatting, notarization, and registration with the local land registry (Grundbuch). It must include precise identification of the parties, detailed property description, clear specification of the released portion, and confirmation of the remaining lien amount. This document type is particularly important in Switzerland's sophisticated property financing system, where multiple liens and partial releases are common in complex real estate transactions.
