This Release of Lien form is for use by a corporate or LLC lienor to waive, release, and quit claim all liens, lien rights, claims or demands of every kind whatsoever, including its claim of lien against certain real estate and improvements on account of work and labor performed, and/or materials furnished in improving the property.
The Broward Florida Release of Lien Form is a crucial legal document used in the construction industry to release a lien claim on a property. This form is specifically designed for corporations or limited liability companies (LCS) involved in construction projects within Broward County, Florida. A mechanic's lien is a legal claim against a property that allows contractors, subcontractors, or suppliers to seek payment for unpaid services rendered or materials supplied for a construction project. When the outstanding balance is paid, the lien holder must sign a release of lien form to release their claim on the property. In Broward County, there are various types of Broward Florida Release of Lien Forms available depending on the specific circumstances and parties involved. These forms are tailored to meet the requirements of corporations or LCS involved in construction projects. Some possible variations or specific types of Broward Florida Release of Lien Forms for corporations or LCS may include: 1. Broward Florida Release of Lien Form for Construction — Corporation or LLC: This is a generic release of lien form specifically designed for corporations or LCS involved in construction projects in Broward County, Florida. It covers the essential details required to release a lien claim successfully. 2. Broward Florida Release of Lien Form for Mechanic Liens — Corporation or LLC: This form is specifically crafted for corporations or LCS who have filed mechanic liens against a property in Broward County, Florida. It includes additional information specific to mechanic liens and serves as a comprehensive release document. 3. Broward Florida Release of Lien Form for Partial Release — Corporation or LLC: In situations where a lien claim is partially satisfied, this form comes into play. It allows corporations or LCS to release a portion of the lien amount, acknowledging the partial payment received. 4. Broward Florida Release of Lien Form for Final Release — Corporation or LLC: This is the most commonly used release of lien form when the entire outstanding balance has been settled. It declares the full satisfaction of the lien claim and involves the complete release of the property from any encumbrances. Regardless of the specific type of Broward Florida Release of Lien Form used, it is crucial to accurately fill out the required information, including the lien claimant's details, property information, lien amount, payment details, and signatures of both parties involved.