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.
The Virginia Certificate of Satisfaction of Mechanic's or Construction Lien is a legal document that serves to release or discharge a mechanic's or construction lien that has been filed against a property in Virginia. This certificate is typically filed by the lien claimant, also known as the person or entity who initially filed the lien, once the lien has been fully satisfied or resolved. The Virginia Code provides specific guidelines for the process of filing a Certificate of Satisfaction of Mechanic's or Construction Lien. It is important to understand the procedures and requirements involved to ensure compliance with the law and to protect the rights of all parties involved. There are two main types of Certificates of Satisfaction of Mechanic's or Construction Lien in Virginia: 1. Full Satisfaction: This type of certificate is filed when the lien has been completely paid off and the claimant has no further rights or claims against the property. The certificate should include relevant details such as the amount paid, the date of payment, and the parties involved. 2. Partial Satisfaction: In some cases, a lien claimant may agree to accept a partial payment to resolve the lien. In such situations, a Certificate of Partial Satisfaction of Mechanic's or Construction Lien can be filed. This document acknowledges that a partial payment has been made and releases the lien claimant's rights to the extent of the payment received. It is important to include the specific amount paid and any remaining balance to clearly outline the partial satisfaction. When filing a Certificate of Satisfaction of Mechanic's or Construction Lien in Virginia, it is crucial to follow the proper procedures outlined by the Virginia Code. This typically involves completing a specific form provided by the Virginia Circuit Court Clerk's office and paying the appropriate filing fees. In conclusion, the Virginia Certificate of Satisfaction of Mechanic's or Construction Lien is an essential document that releases or discharges a lien filed against a property in the state. By understanding the different types of certificates, whether full or partial satisfaction, and following the correct filing procedures, lien claimants can ensure their rights are protected while providing property owners with the necessary proof of lien resolution.
