This Unconditional Waiver and Release of Claim of Lien upon Final Payment form is for use by a lienor in consideration of final payment to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a certain date to a customer on the job of an owner of property.
Lien Release Form South Carolina For Car
Category:
State:
South Carolina
Control #:
SC-11-09
Format:
Word;
Rich Text
Instant download
Description
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How to fill out South Carolina Unconditional Waiver And Release Of Claim Of Lien Upon Final Payment?
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FAQ
PREPARING THE SOUTH CAROLINA MECHANICS LIEN Every mechanics lien typically must contain the owner's name, a general description of the property and location, the name of the hiring party, the first and last date of work a description of the work performed, and the amount of money owed.
First assignment completed on title: buyer's name and address, lienholder information (if applicable), odometer reading, sales price, date of sale, seller's signature, buyer's signature. If assignment on title does not have section for sales price, a bill of sale must accompany paperwork.
Once the loan is completely repaid the lender will release the lien on the title. The borrower can then go to any South Carolina DMV (Department of Motor Vehicles), and fill out an auto title transfer.
The mechanic's lien must be filed with the register of deeds or clerk of court and served on the owner. If the owner cannot be located, a sheriff's affidavit is required to verify that service could not be completed (§ 29-5-90).
If you do not wish to continue any of your liens, no action is required. If you are a lienholder and need to remove a lien from a title, complete the lien release on the front of the title document, submit a letter on company letterhead or you may release the lien electronically on electronic titles.