A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
California Certificate of Satisfaction of Mechanic's or Construction Lien is an important legal document that releases a lien on a property. It serves as proof that the contractor or supplier, who filed the lien against the property due to non-payment, has been satisfied with the payment of the outstanding debt. This certificate is crucial in the real estate industry, as it ensures a clean title for the property owner and allows for smooth transactions. The California Certificate of Satisfaction of Mechanic's or Construction Lien can also be referred to as the Lien Release or Lien Discharge. These different titles are used interchangeably to describe the same document. Regardless of the terminology used, their purpose remains consistent — to free the property from any encumbrances resulting from a mechanic's or construction lien. This certificate typically includes specific information such as the property owner's name, address, and contact details, as well as the contractor or supplier's information. It accurately identifies the original lien that was filed against the property, including the lien's recording information, date, and amount. The Certificate of Satisfaction also affirms that the lien claimant has been appropriately compensated for the work or materials provided, clearing the property from any further claims. Keywords: California Certificate of Satisfaction, Mechanic's Lien, Construction Lien, Lien Release, Lien Discharge, property encumbrances, lien claimant, lien recording information, lien amount, property owner.
