Legal Release Of Claim Of Mechanics Lien | Pdf Fpdf Doc Docx | Business Forms

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Legal Release Of Claim Of Mechanics Lien | Pdf Fpdf Doc Docx | Business Forms

Legal Release Of Claim Of Mechanics Lien

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Description

LEGAL RELEASE OF CLAIM OF MECHANIC'S LIEN. This form is used to release a mechanic’s lien that has been placed on a property. A mechanic’s lien is a legal claim against a property for unpaid work or materials. When the lien is recorded in the office of the County Recorder, it creates a ‘cloud’ on the title, meaning that anyone searching the title will discover the claim of lien. This can prevent the property from being sold, refinanced, or accepted as security for a debt until the lien is cleared. The form is used when the claim under the lien has been fully paid and satisfied. The lien claimant signs and records a release of their claim, which clears the title. The form includes details about the lien claimant, the owner or purported owner and contractor as named in the Mechanic’s Lien, and the real property upon which the lien was claimed. The form also includes instructions regarding the use of the release of mechanic’s lien, information about unenforceable liens, and recording information. It advises that if there is any doubt as to the proper procedure, one should consult an attorney. The form is signed by the lien claimant and notarized. www.FormsWorkflow.com

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