Final Release Of Lien

Final Release Of Lien Template for United States

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Key Requirements PROMPT example:

"I need a Final Release of Lien for a construction project in Texas where my company, ABC Contractors, has received full payment of $250,000 from XYZ Development Corp on January 15, 2025, and we need to release our mechanics lien on their commercial property."

Document background

A Final Release Of Lien is utilized when a party who previously filed a lien against a property wishes to formally release their claim after receiving payment or other satisfactory consideration. This document is particularly common in construction projects where contractors, subcontractors, or suppliers need to release their liens after payment. The release must comply with state-specific requirements and typically includes details about the original lien, property description, and confirmation of payment received. It serves as official documentation that the property is free from the specified encumbrance and is often required for property sales or refinancing.

Suggested Sections

1. Document Title and Date: Clear identification of document as Final Release of Lien with execution date

2. Parties: Identification of lienor and property owner/contractor

3. Property Description: Legal description of the property subject to the lien

4. Original Lien Information: Details of the original lien including recording information

5. Release Statement: Formal statement releasing all rights and claims to the lien

6. Consideration: Statement of payment or other consideration received

7. Execution: Signature blocks with notarization requirements

Optional Sections

1. Partial Release Statement: Used when only a portion of the original lien amount is being released

2. Conditional Release Language: Makes release conditional upon receipt of payment, used when release is being executed before payment is received

3. Warranty Statements: Additional warranties about the lien and authority to release, used when additional assurance is required by receiving party

Suggested Schedules

1. Property Description Exhibit: Detailed legal description of property if too lengthy for main document

2. Payment Schedule: Details of payments received when releasing multiple payments or partial releases

3. Original Lien Documentation: Copies of original lien filings and recordings

Authors

Alex Denne

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

alex.den.21@genieai.co

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Construction Project Manager
Contract Administrator
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Real Estate Attorney
Finance Manager

Find the exact document you need

Supplier Release Of Lien

A U.S. legal document that releases a supplier's mechanic's lien rights against a property after receiving payment for materials or services.

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Authors

Alex Denne

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