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

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-407
• Format: Word; Rich Text

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. District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that signifies the partial release of a lien on a leasehold interest in a portion of lands that are subject to a lease in the District of Columbia. This type of release serves an important purpose in real estate transactions in the District of Columbia, where leasehold interests are common. It allows for the release of a lien placed on a specific portion of the leased lands, giving the lessee the freedom to deal with that portion without any encumbrances. This is particularly useful when the lessee intends to sell, mortgage, or transfer their leasehold interest in the property. The District of Columbia offers various types of partial release of lien on leasehold interest in part of lands subject to lease, each applicable to different situations. These releases are designed to meet specific needs and requirements in real estate dealings. Some common variations of these releases include: 1. Partial Release of Lien on Leasehold Interest in a Subdivision of Lands Subject to Lease: This type of release is used when a lessee wishes to obtain a release of lien on a specific portion of the leased lands that have been subdivided for separate use. 2. Partial Release of Lien on Leasehold Interest in a Portion of Lands Subject to Lease: This release is applicable when a lessee seeks to lift the lien on a specific portion of the leased lands, typically to facilitate a separate transaction or development on that particular portion. 3. Partial Release of Lien on Leasehold Interest in Multiple Parcels of Lands Subject to Lease: This variation caters to scenarios where the leasehold interest encompasses multiple parcels of land and the lessee desires a release of lien for select parcels, while keeping the lien intact on others. The District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease document contains vital information including the parties involved, description of the leased land, specific portion being released, the amount of the lien being released, and any conditions or restrictions associated with the release. In conclusion, the District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a crucial legal document that allows lessees to manage and transfer their leasehold interests more efficiently. Understanding the different types of releases available helps ensure accurate documentation that aligns with the specific needs of the parties involved in real estate transactions in the District of Columbia.

District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that signifies the partial release of a lien on a leasehold interest in a portion of lands that are subject to a lease in the District of Columbia. This type of release serves an important purpose in real estate transactions in the District of Columbia, where leasehold interests are common. It allows for the release of a lien placed on a specific portion of the leased lands, giving the lessee the freedom to deal with that portion without any encumbrances. This is particularly useful when the lessee intends to sell, mortgage, or transfer their leasehold interest in the property. The District of Columbia offers various types of partial release of lien on leasehold interest in part of lands subject to lease, each applicable to different situations. These releases are designed to meet specific needs and requirements in real estate dealings. Some common variations of these releases include: 1. Partial Release of Lien on Leasehold Interest in a Subdivision of Lands Subject to Lease: This type of release is used when a lessee wishes to obtain a release of lien on a specific portion of the leased lands that have been subdivided for separate use. 2. Partial Release of Lien on Leasehold Interest in a Portion of Lands Subject to Lease: This release is applicable when a lessee seeks to lift the lien on a specific portion of the leased lands, typically to facilitate a separate transaction or development on that particular portion. 3. Partial Release of Lien on Leasehold Interest in Multiple Parcels of Lands Subject to Lease: This variation caters to scenarios where the leasehold interest encompasses multiple parcels of land and the lessee desires a release of lien for select parcels, while keeping the lien intact on others. The District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease document contains vital information including the parties involved, description of the leased land, specific portion being released, the amount of the lien being released, and any conditions or restrictions associated with the release. In conclusion, the District of Columbia Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a crucial legal document that allows lessees to manage and transfer their leasehold interests more efficiently. Understanding the different types of releases available helps ensure accurate documentation that aligns with the specific needs of the parties involved in real estate transactions in the District of Columbia.