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.
Description: A New Hampshire Partial Release of Mechanic's or Construction Lien is a legal document used to release a portion of a mechanic's or construction lien that has been filed against a property in the state of New Hampshire. This partial release is typically requested when a lien claimant has received payment for a portion of the outstanding debt and wishes to release their claim on a specific portion of the property. Keywords: New Hampshire, Partial Release, Mechanic's Lien, Construction Lien, legal document, property, lien claimant, outstanding debt. Types of New Hampshire Partial Release of Mechanic's or Construction Lien: 1. Partial Release of Mechanic's or Construction Lien — This type of release is commonly used when a lien claimant has received payment for a specific portion of their outstanding debt. By filing a partial release, the claimant releases their lien on that portion of the property, ensuring that it remains unaffected by the remaining debt. 2. Partial Satisfaction of Mechanic's or Construction Lien — This type of release is similar to the partial release mentioned above. However, it is used when the lien claimant has received partial payment but not in full satisfaction of the debt. By filing a partial satisfaction, the claimant acknowledges the partial payment and releases their lien on the portion of the property that corresponds to the amount received. 3. Conditional Partial Release of Mechanic's or Construction Lien — In certain cases, a lien claimant may agree to release a portion of their lien only under specific conditions. This type of release is used to outline those conditions and ensure that the lien claimant maintains their right to reassert their lien if the conditions are not met. 4. Final Partial Release of Mechanic's or Construction Lien — When the outstanding debt is fully satisfied after multiple partial payments, a final partial release is used to release the lien claimant's entire claim on the property. This type of release indicates that no further payments are owed, and the lien claimant no longer has any rights or claims to the property. Note: It is important to consult with a legal professional or an attorney when dealing with mechanic's or construction liens in New Hampshire to ensure compliance with all relevant laws and regulations.
