Detroit Michigan Partial Release of Private Service Drive Agreement

• Category: Michigan Releases and Waivers - Contracts
• State: Michigan
• City: Detroit
• Control #: MI-LR146T
• Format: Word; Rich Text

Description

A partial release of lien reduces the amount claimed to be owed with regard to a recorded lien. Typical lien releases cancel a lien claim entirely, whereas partial lien releases only apply to a portion of the amount originally claimed to be owed. A Detroit Michigan Partial Release of Private Service Drive Agreement is a legal document that allows for the partial release or termination of a previously established private service drive agreement within the city of Detroit, Michigan. This agreement pertains to agreements made between property owners or developers and the City of Detroit to create and maintain private service drives that provide access to private properties, public roads, or other facilities. The purpose of a partial release of a private service drive agreement is to modify or terminate a portion of the original agreement while still maintaining the contractual obligations regarding the remaining sections of the service drive. It could be necessary due to changes in property ownership, developments, or alterations in the intended use of the properties involved. The agreement typically outlines the specific terms and conditions under which the partial release will occur. This may include the affected portion of the service drive, the reason for the release, and the agreement of the parties involved to modify or terminate specific rights and obligations. It is essential to note that the terms of the partial release will vary depending on the original private service drive agreement. Some potential types of Detroit Michigan Partial Release of Private Service Drive Agreements include: 1. Partial Release for Property Development: This type of agreement allows for the release of a portion of the private service drive when a property is being developed or redeveloped, and the existing drive is no longer required or compatible with the new plans. 2. Partial Release for Access Modification: This type of agreement is used when changes are needed to the access points of the private service drive, such as adjusting the location, width, or route of the drive to accommodate new developments or traffic patterns. 3. Partial Release for Ownership Change: This type of agreement is employed when there is a change in property ownership, and the new owner seeks to modify or terminate a portion of the private service drive that is no longer necessary or feasible. It is important to consult legal professionals or local authorities to ensure compliance with specific regulations and requirements under Detroit, Michigan law when drafting or executing a partial release of a private service drive agreement.

A Detroit Michigan Partial Release of Private Service Drive Agreement is a legal document that allows for the partial release or termination of a previously established private service drive agreement within the city of Detroit, Michigan. This agreement pertains to agreements made between property owners or developers and the City of Detroit to create and maintain private service drives that provide access to private properties, public roads, or other facilities. The purpose of a partial release of a private service drive agreement is to modify or terminate a portion of the original agreement while still maintaining the contractual obligations regarding the remaining sections of the service drive. It could be necessary due to changes in property ownership, developments, or alterations in the intended use of the properties involved. The agreement typically outlines the specific terms and conditions under which the partial release will occur. This may include the affected portion of the service drive, the reason for the release, and the agreement of the parties involved to modify or terminate specific rights and obligations. It is essential to note that the terms of the partial release will vary depending on the original private service drive agreement. Some potential types of Detroit Michigan Partial Release of Private Service Drive Agreements include: 1. Partial Release for Property Development: This type of agreement allows for the release of a portion of the private service drive when a property is being developed or redeveloped, and the existing drive is no longer required or compatible with the new plans. 2. Partial Release for Access Modification: This type of agreement is used when changes are needed to the access points of the private service drive, such as adjusting the location, width, or route of the drive to accommodate new developments or traffic patterns. 3. Partial Release for Ownership Change: This type of agreement is employed when there is a change in property ownership, and the new owner seeks to modify or terminate a portion of the private service drive that is no longer necessary or feasible. It is important to consult legal professionals or local authorities to ensure compliance with specific regulations and requirements under Detroit, Michigan law when drafting or executing a partial release of a private service drive agreement.