South Carolina 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. South Carolina Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document used to release a lien on a leasehold interest in part of lands that are subject to a lease in South Carolina. This form is significant for parties involved in lease agreements as it allows a lien holder to release a portion of their lien while still maintaining their rights over the remaining property. In South Carolina, there can be different types of Partial Releases of Lien on Leasehold Interest in Part of Lands Subject to Lease, based on the specific situation or circumstances. These include: 1. Partial Release of Lien on Leasehold Interest in Commercial Property: This type of partial release is applicable when the leasehold interest subject to the lien is a commercial property or premises, such as office spaces, retail stores, or warehouses. 2. Partial Release of Lien on Leasehold Interest in Residential Property: If the lien is placed on a leasehold interest in a residential property, like an apartment, condominium, or single-family home, this form is required to release a portion of the lien. 3. Partial Release of Lien on Leasehold Interest in Industrial Property: Industrial properties, such as manufacturing facilities, factories, or distribution centers, may require a specific type of partial release of lien tailored to their unique circumstances. 4. Partial Release of Lien on Leasehold Interest in Agricultural Property: For leasehold interests in agricultural lands, farms, or ranches, parties would utilize this form to release a lien on a part of the property subjected to the lease. This legal document serves as evidence that the lien holder acknowledges the partial satisfaction of the lien and releases their claim on the specified portion of the leasehold interest. It is essential for ensuring clear property rights and facilitating smooth transactions involving leased lands in South Carolina. Keywords: South Carolina, Partial Release of Lien, Leasehold Interest, Lands Subject to Lease, Commercial Property, Residential Property, Industrial Property, Agricultural Property.

South Carolina Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document used to release a lien on a leasehold interest in part of lands that are subject to a lease in South Carolina. This form is significant for parties involved in lease agreements as it allows a lien holder to release a portion of their lien while still maintaining their rights over the remaining property. In South Carolina, there can be different types of Partial Releases of Lien on Leasehold Interest in Part of Lands Subject to Lease, based on the specific situation or circumstances. These include: 1. Partial Release of Lien on Leasehold Interest in Commercial Property: This type of partial release is applicable when the leasehold interest subject to the lien is a commercial property or premises, such as office spaces, retail stores, or warehouses. 2. Partial Release of Lien on Leasehold Interest in Residential Property: If the lien is placed on a leasehold interest in a residential property, like an apartment, condominium, or single-family home, this form is required to release a portion of the lien. 3. Partial Release of Lien on Leasehold Interest in Industrial Property: Industrial properties, such as manufacturing facilities, factories, or distribution centers, may require a specific type of partial release of lien tailored to their unique circumstances. 4. Partial Release of Lien on Leasehold Interest in Agricultural Property: For leasehold interests in agricultural lands, farms, or ranches, parties would utilize this form to release a lien on a part of the property subjected to the lease. This legal document serves as evidence that the lien holder acknowledges the partial satisfaction of the lien and releases their claim on the specified portion of the leasehold interest. It is essential for ensuring clear property rights and facilitating smooth transactions involving leased lands in South Carolina. Keywords: South Carolina, Partial Release of Lien, Leasehold Interest, Lands Subject to Lease, Commercial Property, Residential Property, Industrial Property, Agricultural Property.