Document background
The Final Release of Lien is a crucial document in Swiss property and security interest law, used when a debt or obligation secured by a property has been fully satisfied. This document is essential for clearing title records and is commonly required in property sales, refinancing transactions, or upon full repayment of a mortgage or construction loan. Under Swiss law, the release must be properly documented and registered in the Land Register (Grundbuch) to be legally effective. The document typically includes detailed information about the property, the original lien, and the parties involved, and must comply with cantonal and federal requirements for property documentation. It provides legal certainty for property owners and subsequent purchasers by formally terminating the lienholder's security interest in the property.
