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Release Of Lien On Real Property Form Template for England and Wales

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Key Requirements PROMPT example:

Release Of Lien On Real Property Form

"I need a Release Of Lien On Real Property Form to discharge a construction lien placed on my commercial property in Manchester by ABC Contractors Ltd, as we have now settled the outstanding payment of £75,000 and require this for Land Registry records."

Document background
A Release Of Lien On Real Property Form is essential when a property owner has satisfied their obligations under a lien and requires formal documentation of the discharge. This document is commonly used in England and Wales following the full payment of a debt, completion of contracted work, or resolution of a claim that created the original lien. The form must meet specific requirements under English property law, including accurate property descriptions, party details, and proper execution formats. It serves as crucial evidence for the Land Registry and future property transactions, confirming that the property is free from the specified encumbrance.
Suggested Sections

1. Identification of Parties: Details of lien holder and property owner

2. Property Description: Legal description of the property including title number

3. Original Lien Details: Reference to original lien, date created, amount

4. Release Statement: Formal declaration releasing the lien

5. Execution Block: Signature sections for all parties

Optional Sections

1. Partial Release Statement: Used when only releasing part of the lien - applicable when releasing only portion of property or debt

2. Consideration Statement: Details of any payment made to secure release - used when payment was made to obtain release

3. Trustee Authorization: Additional provisions for trustee lien holders - required when lien holder is acting as trustee

Suggested Schedules

1. Property Plan: Detailed plan of property (required for partial releases)

2. Original Lien Document: Copy of original lien being released

3. Land Registry Compliance Statement: Required forms for Land Registry filing

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses




















Industries

Law of Property Act 1925: Primary legislation defining real property and interests in land, setting out requirements for creating and releasing legal charges, and establishing formal requirements for property documents

Land Registration Act 2002: Governs the registration of property rights, procedures for removing charges from the Land Register, and establishes requirements for electronic registration

Land Charges Act 1972: Legislation dealing with unregistered land and providing the framework for registration and removal of land charges

Trustee Act 2000: Relevant legislation when lien holder is acting as a trustee, setting out duties and powers of trustees in property matters

Law of Property (Miscellaneous Provisions) Act 1989: Establishes requirements for written property documents and formal execution requirements under Section 1

HM Land Registry Requirements: Administrative requirements and practices set by the Land Registry for processing lien releases and property documentation

Common Law Principles: Established case law and legal principles regarding liens and their release in England and Wales

Professional Obligations: Legal and ethical requirements for solicitors when drafting and executing property documents

Money Laundering Regulations: Compliance requirements for handling financial transactions in property matters and lien releases

Teams

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