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

RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO (Name) (Street Address) (City, State and Zip) SPACE MOVE THIS LINE FOR RECORDERS USE LEGAL RELEASE OF CLAIM OF MECHANIC'S LIEN The Mechanic's Lien claimed by (Name of person or firm as it appears on Mechanic's Lien) against (Owner or purported owner and contractor as named in Mechanic's Lien) upon the following described real property in the City of County of State of LEGAL DESCRIPTION: STREET ADDRESS: is hereby released, the claim thereunder having been fully paid and satisfied, and that certain Notice of Mechanic's Lien on , Official Records of STATE OF COUNTY OF On before me, the By: Dated FIRM NAME: (As it appears on Mechanic's Lien) in book County, is hereby satisfied and discharged. a Notary Public in and for said State, personally appeared known to me to be the pension whose name subscribed to the within instrument and acknowledges that executed the same. Witness my hand and official seal. Signature (Notary sign here) (This area for official Notary Seal) NAME (Typed or Printed) NOTE: If lien claimant is a corporation be sure to use proper jurat when notarizing. 2001 © American LegalNet, Inc. American LegalNet, Inc. www.FormsWorkFlow.com INSTRUCTIONS INFORMATION REGARDING USE OF RELEASE OF MECHANIC'S LIEN When a mechanic's lien is recorded in the office of the County Recorder of the county in which the job is located, it creates a ''cloud'' on the title. This means that any person seaching the title will discover the claim of lien and generally will not purchase, refinance, or accept the property as security for a debt without having the owner ''clear up'' the title. The simplest way to clear up the title is for the lien claimant to sign and record a release of his claim. This is generally done after payment of the claim. REMEMBER, mere satisfaction of the claim does not remove a recorded claim of lien from the official records of the county. A formal document, such as Form 109, must be recorded to become part of the official records. UNENFORCEABLE LIENS There are times when a mechanic's lien claim is unenforceable (for within the time allowed by law). However, it may still be a ''cloud'' on the title. The ''cloud'' can be removed by recording a release of the claim. RECORDING INFORMATION The mechanic's lien release must be recorded in the county where the job is located. The current fee for recording one page is $2.00, plus .80c for each additional page or fraction thereof. However, this price is subject to change and should be checked with the County Recorder's Office, since the recorder will not record a document unless it is accompanied by the correct fee. IF YOU HAVE ANY DOUBT AS TO PROPER PROCEDURE, CONSULT YOUR ATTORNEY 2001 © American LegalNet, Inc. American LegalNet, Inc. www.FormsWorkFlow.com

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