Maryland Lien Release Form
Definition and meaning
A Maryland lien release form serves as a legal document that indicates the removal of a lien on a property or asset. A lien typically arises when a contractor or subcontractor has not been paid for work performed or materials supplied on a property. The Maryland lien release form officially releases the property from this claim, ensuring that the owner is free from any further obligations related to that lien.
Who should use this form
This form is primarily intended for individuals or businesses that have settled a debt or obligation for services rendered related to construction or improvements on a property. Specifically, it should be used by:
- Contractors
- Subcontractors
- Material suppliers
- Property owners wishing to clear their title from liens
How to complete a form
To properly complete a Maryland lien release form, follow these steps:
- Clearly enter the names of the parties involved, including the lien claimant and property owner.
- Specify the property address where the work was done.
- State the total amount earned and the amount that remains unpaid, if applicable.
- Describe the work performed or materials furnished, including dates and relevant details.
- Sign the form in the presence of a notary public to ensure its legal validity.
Key components of the form
A Maryland lien release form typically includes several important elements:
- Names of involved parties: Clear identification of the lien claimant and property owner.
- Property description: Detailed description of the property associated with the lien.
- Financial details: Total amount of the original claim and payments made toward that claim.
- Work description: A brief summary of the work performed or materials supplied.
- Notary section: A space for notarization to authenticate the document.
State-specific requirements
In Maryland, certain requirements must be met for the lien release form to be valid. These include:
- The form must be notarized.
- It should be filed with the local land records office if required by state or local law.
- The form must comply with Maryland's lien laws to be enforceable.
How to fill out Maryland Notice To Owner Or Owner's Agent Of Intention To Claim A Lien By Corporation Or LLC?
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FAQ
How Much Does a Title Transfer Cost in Maryland? To perform a vehicle title transfer in Maryland, you will pay $100. You may be required to pay additional fees based on your situation.
Online through the MVA's website at mva.maryland.gov. Duplicate titles ordered online may be mailed to an alternate address at the owner's request, except company owned vehilces. The mailing instructions are provided in the online application. At a KIOSK located in all full service and Express Service MVA's.
Currently, the Maryland MVA prints a two-part, paper title. The first part, the Maryland Certificate of Title, is mailed to the owner.
There are only nine title-holding states: Kentucky, Maryland, Michigan, Minnesota, Missouri, Montana, New York, Oklahoma, Wisconsin. In the other 41 states, titles are issued to the lien holder of your vehicle until the loan is fully paid off.
MARYLAND ELT As of January 1, 2021 Maryland has mandated Electronic Lien and Title (ELT). For more information go to Maryland Department of Transportation Motor Vehicle Administration.
