Document background
A Partial Lien Release is utilized when a portion of a secured amount has been paid, but the full obligation has not yet been satisfied. This document is particularly important in Singapore's construction industry, where it enables progressive settlement of payment claims while maintaining security over outstanding amounts. The Partial Lien Release must comply with Singapore's SOPA requirements and includes specific details about the original lien, the amount being released, and the remaining secured amount. This document is commonly used in construction projects where work is completed and paid for in stages, allowing contractors and subcontractors to receive partial payments while maintaining their security interests in the remaining unpaid work.
