An Idaho Release of Lien Claim is a legal document executed by a party who has previously filed a lien against a property or asset, acknowledging that the lien has been satisfied or that the claim is now nullified. This document serves as proof that the lien holder (usually a contractor or supplier) has been paid in full or that the debt has been settled, thereby releasing any claims against the property. In Idaho, there are two main types of Release of Lien Claims: 1. Full Release of Lien Claim: This type of release is used when the lien holder has received full payment or has accepted other forms of compensation equivalent to the debt owed. The document states that the lien claim has been fully satisfied and releases any further claim against the property. 2. Partial Release of Lien Claim: This type of release is utilized when the lien holder has received partial payment, leaving a balance on the original claim. The form specifies the portion of the lien claim that has been satisfied and acknowledges the partial release while retaining the right to further pursue the remaining unpaid amount. Keywords: Idaho, Release of Lien Claim, lien holder, legal document, satisfied, nullified, contractor, supplier, paid in full, settle debt, proof, justice, property, full release, partial release, compensation, payment, balance, pursue, unpaid amount.
Idaho Release of Lien Claim
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How to fill out Idaho Release Of Lien Claim?
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