Document background
A Partial Lien Release is commonly used in Malaysian property transactions when a property owner needs to release a portion of land from an existing lien while maintaining the security interest on the remaining property. This situation often arises in property development projects, land subdivisions, or partial property sales. The document must comply with Malaysian legislation, particularly the National Land Code 1965 and relevant state land rules. It requires precise property descriptions, clear release statements, and proper execution by authorized parties. The Partial Lien Release must be properly registered with the land registry to be effective and typically includes information about the original lien, the portion being released, and confirmation of the continuing effect on unreleased portions.
