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.
A District of Columbia Certificate of Satisfaction of Mechanic's or Construction Lien is a legal document issued to release or discharge a mechanic's or construction lien placed on a property in the District of Columbia. This document serves as proof that the lien has been paid in full or that it is no longer valid. Keywords: District of Columbia, Certificate of Satisfaction, Mechanic's Lien, Construction Lien, legal document, release, discharge, proof, paid in full, no longer valid. There are two types of District of Columbia Certificates of Satisfaction of Mechanic's or Construction Lien: 1. Full Satisfaction: This type of certificate is issued when the mechanic's or construction lien has been completely paid off and there are no outstanding debts. It states that the lien claim has been fully satisfied and releases any hold or claim on the property. 2. Partial Satisfaction: This type of certificate is issued when a portion of the mechanic's or construction lien has been paid off, but there is still an outstanding balance remaining. It acknowledges the partial satisfaction of the lien and specifies the remaining amount that needs to be paid in order to fully release the lien. District of Columbia Certificate of Satisfaction of Mechanic's or Construction Lien is a crucial document in the real estate and construction industry. It is essential for property owners, contractors, and subcontractors to obtain this certificate to protect their interests and ensure the proper release of any liens on a property. To obtain a District of Columbia Certificate of Satisfaction of Mechanic's or Construction Lien, the party seeking the release of the lien must submit a formal request to the District of Columbia Recorder of Deeds office. The request should include relevant information such as the property details, lien details, payment evidence, and any other supporting documentation. It is important to note that the process of obtaining a Certificate of Satisfaction may involve a fee and strict adherence to the District of Columbia lien laws and regulations. Therefore, it is advisable to consult with a qualified attorney or real estate professional to ensure proper completion and submission of the required documents. In conclusion, a District of Columbia Certificate of Satisfaction of Mechanic's or Construction Lien is a vital legal document used to release or discharge a mechanic's or construction lien on a property. It ensures that the lien has been fully satisfied or partially paid off, enabling property owners and contractors to proceed with their construction projects or property transactions without any encumbrances.
