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Statement Of Lien Satisfaction
"Need a Statement of Lien Satisfaction for a commercial property in Manchester where the original £500,000 construction lien from January 2025 has been fully paid, requiring urgent processing as we're selling the property next month."
1. Identification of Parties: Details of the lien holder and the party who granted the lien, including full legal names, addresses, and any reference numbers
2. Property Description: Clear identification and legal description of the property subject to the lien, including address and title/registration details
3. Lien Details: Original lien amount, date created, registration details, and any reference numbers
4. Satisfaction Statement: Formal declaration that the debt has been paid in full and the lien is fully satisfied
5. Release Declaration: Formal release of all claims against the property and authorization to remove/cancel the lien from official records
1. Payment Details: Information about final payment including date, amount, and method of payment - included when specifically requested or required by local practice
2. Related Documents: References to associated agreements or documents - used when multiple liens exist or when related security interests are involved
3. Future Actions: Specific steps to be taken by parties regarding registration or filing - included when additional actions are required post-satisfaction
1. Property Schedule: Detailed legal description of property, including plans or drawings if necessary - used for complex properties or multiple parcels
2. Payment Schedule: Detailed record of payments made against the lien - included when a historical record of payments is required
Authors
Property
Lien Holder
Property Owner
Original Debt Amount
Date of Original Lien
Registration Number
Land Registry
Satisfaction Date
Security Interest
Encumbrance
Title Number
Property Description
Registered Address
Effective Date
Authorized Representative
Relevant Authority
Land Charges Register
Payment Details
Release Date
Property Description
Original Lien Details
Satisfaction Declaration
Release Statement
Discharge
Registration Details
Authority
Representations and Warranties
Execution
Governing Law
Attestation
Notarization
Further Assurance
Indemnification
Notice
Land Registry Requirements
Successors and Assigns
Counterparts
Entire Agreement
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