Title: Alabama Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease: Understanding Its Nature and Types Keywords: Alabama, partial release of lien, leasehold interest, lands subject to lease, types Description: In Alabama, a partial release of lien on leasehold interest in part of lands subject to a lease is a legal document that allows the release of a specific portion of a lien on a leasehold interest in a particular piece of land under a lease agreement. This release minimizes the claim and lien on the property, enabling the leaseholder to gain more control or proceed with intended actions, such as refinancing or selling the released portion. Types of Alabama Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease: 1. Partial Release of Lien on Leasehold Interest for Divided Land Parcels: This type of partial release is used when a leasehold interest covers multiple parcels of land, and the leaseholder wishes to release the lien on a specific portion of the leased parcels. It allows the leaseholder to retain control over the remaining land while addressing specific concerns or requirements regarding the released portion. 2. Partial Release of Lien on Leasehold Interest for Subdivided Buildings or Structures: When a leasehold interest involves multiple buildings or structures on a leased property, the leaseholder may require a partial release of lien on a specific building or structure. This type of release enables the leaseholder to free the leased portion from the lien while maintaining control over the other buildings or structures, allowing for separate financing or transactions. 3. Partial Release of Lien on Leasehold Interest for Specific Lease Term: In some cases, a leasehold interest on a property subject to lease may have multiple lease terms or subleases. A partial release of lien can be used to release the lien pertaining to a certain lease term or sublease, providing the leaseholder with more flexibility and control over the property's various lease agreements. 4. Partial Release of Lien on Leasehold Interest for Specific Development Stage: When a leased property is subject to ongoing development stages, a partial release of lien can be utilized to release the lien on one stage or section while retaining it on the remaining undeveloped areas. This enables the leaseholder to obtain financing or proceed with specific development activities without affecting the lien on the overall property. It's crucial to consult with a legal professional experienced in Alabama real estate law when considering a partial release of lien on a leasehold interest. They can provide guidance tailored to your specific circumstances, ensuring all legal requirements are met and protecting your rights as a leaseholder.
Alabama Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease
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(d) An interest in real property in existence at the time a conservation easement is created, including, but not limited to, any subsurface property interests or leases and any related rights of owners or leaseholders to remove or extract minerals or any mortgages, deeds of trust, security interests, or other liens, ...
2006 Alabama Code - Section 35-11-220 ? Jurisdiction of actions for enforcement of liens. When the amount involved exceeds $50.00, actions for the enforcement of liens under this division may be brought in the circuit court having jurisdiction in the county in which the property is situated.
Generally. ALABAMA CODE § 35-11-210 provides that a lien can be claimed for work, labor or material constituting an improvement.
ALABAMA CODE § 35-11-210 provides that a lien can be claimed for work, labor or material constituting an improvement. The scope of the term ?improvement? is left for determination on a case by case basis.
Every person, except the original contractor, who may wish to avail himself of the provisions of this division, shall before filing his statement in the office of the judge of probate, give notice in writing to the owner or proprietor, or his agent, that he claims a lien on such building or improvement, setting forth ...
Section 35-11-211 - Priority of Lien. Priority of lien. (a) Such lien as to the land and buildings or improvements thereon, shall have priority over all other liens, mortgages, or incumbrances created subsequent to the commencement of work on the building or improvement.
Any person, firm, hospital authority, or corporation operating a hospital in this state shall have a lien for all reasonable charges for hospital care, treatment, and maintenance of an injured person who entered such hospital within one week after receiving such injuries, upon any and all actions, claims, counterclaims ...
It shall be the duty of every person entitled to such lien to file in the office of the judge of probate of the county in which the property upon which the lien is sought to be established is situated, a statement in writing, verified by the oath of the person claiming the lien, or of some other person having knowledge ...
You can pay the judgment in order to obtain a release from the judgment creditor. You will need to record the release in the probate office where the creditor recorded its lien.
