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Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease

State:
Multi-State
Control #:
US-OG-407
Format:
Word; 
Rich Text
Instant download

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/Grantor's Assignee all of Lienholder's rights, claims, and liens granted in the Mortgage/Deed of Trust insofar. A Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that provides a detailed description and release of lien on a specific portion of land held under lease in the state of Maine. This legal instrument allows a lien holder to release their claim of lien on a particular portion of the leased land while retaining their rights on the remaining area. Keywords: Maine, Partial Release, Lien, Leasehold Interest, Lands Subject to Lease. Types of Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease: 1. Partial Release of Lien on Leasehold Interest — Commercial Property: This type of partial release is specific to commercial properties governed by lease agreements in Maine. It allows a lien holder to release their claim on a designated part of the leased premises while preserving their lien rights on the remaining area. 2. Partial Release of Lien on Leasehold Interest — Residential Property: Unlike the commercial release, this type specifically pertains to residential properties held under lease in Maine. It enables a lien holder to release their lien on a specific portion of the leased land while maintaining their lien rights on the remaining residential area. 3. Partial Release of Lien on Leasehold Interest — Agricultural Land: This variant of the partial release applies to agricultural lands subject to lease in Maine. It grants the lien holder the ability to release their lien on a distinct part of the leased agricultural property, while retaining their lien rights on the remaining land. In all cases, the Maine Partial Release of Lien on Leasehold Interest serves as a legal document that outlines the details of the specific leasehold interest and its respective release on a portion of the lands governed by the lease. This document protects the rights of both the lien holder and the lessee, ensuring a clear and defined understanding of the scope of the lien and its release.

A Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that provides a detailed description and release of lien on a specific portion of land held under lease in the state of Maine. This legal instrument allows a lien holder to release their claim of lien on a particular portion of the leased land while retaining their rights on the remaining area. Keywords: Maine, Partial Release, Lien, Leasehold Interest, Lands Subject to Lease. Types of Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease: 1. Partial Release of Lien on Leasehold Interest — Commercial Property: This type of partial release is specific to commercial properties governed by lease agreements in Maine. It allows a lien holder to release their claim on a designated part of the leased premises while preserving their lien rights on the remaining area. 2. Partial Release of Lien on Leasehold Interest — Residential Property: Unlike the commercial release, this type specifically pertains to residential properties held under lease in Maine. It enables a lien holder to release their lien on a specific portion of the leased land while maintaining their lien rights on the remaining residential area. 3. Partial Release of Lien on Leasehold Interest — Agricultural Land: This variant of the partial release applies to agricultural lands subject to lease in Maine. It grants the lien holder the ability to release their lien on a distinct part of the leased agricultural property, while retaining their lien rights on the remaining land. In all cases, the Maine Partial Release of Lien on Leasehold Interest serves as a legal document that outlines the details of the specific leasehold interest and its respective release on a portion of the lands governed by the lease. This document protects the rights of both the lien holder and the lessee, ensuring a clear and defined understanding of the scope of the lien and its release.

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Maine Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease