A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien is a legal document that serves to release or terminate a mechanic's or construction lien that has been previously filed against a property. This certificate is crucial in protecting the property owner's rights and interests, as well as ensuring the smooth progress of any future transactions involving the property. In Collin County, Texas, there are different types of certificates of satisfaction of mechanic's or construction liens available, depending on the specific circumstances and requirements: 1. Partial Certificate of Satisfaction: This type of certificate is used when a portion of the outstanding amount due under the lien has been paid or resolved. It acknowledges the partial satisfaction of the lien while preserving the remaining balance on the property. 2. Full Certificate of Satisfaction: This certificate is utilized when the entire amount due under the mechanic's or construction lien has been paid or resolved. It signifies the complete satisfaction of the lien and releases any claims or encumbrances on the property. 3. Conditional Certificate of Satisfaction: This type of certificate is issued when certain conditions or terms are met to partially or fully satisfy the mechanic's or construction lien. These conditions could include the payment of a specific amount, the completion of certain repairs or modifications, or the fulfillment of any outstanding obligations related to the construction project. The Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien typically includes various essential details, such as: 1. Property Information: The certificate specifies the property's legal description, address, and any relevant identifiers to ensure accurate identification. 2. Lien Information: It outlines the details of the mechanic's or construction lien, including the recording information, the lien holder's name, contact information, and the recorded date. 3. Satisfaction Details: This section provides information about the satisfaction of the lien, including the amount paid, the method of payment, the date of satisfaction, and any other crucial financial or contractual arrangements made to resolve the lien. 4. Signatures and Notarization: The certificate must be signed by both the lien holder and the property owner to denote their agreement and acknowledgment of the lien's satisfaction. Additionally, notarization is necessary to validate the document's authenticity. It is essential to consult with an attorney or a qualified professional familiar with Texas lien laws and practices ensuring the accuracy and compliance of the Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien.The Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien is a legal document that serves to release or terminate a mechanic's or construction lien that has been previously filed against a property. This certificate is crucial in protecting the property owner's rights and interests, as well as ensuring the smooth progress of any future transactions involving the property. In Collin County, Texas, there are different types of certificates of satisfaction of mechanic's or construction liens available, depending on the specific circumstances and requirements: 1. Partial Certificate of Satisfaction: This type of certificate is used when a portion of the outstanding amount due under the lien has been paid or resolved. It acknowledges the partial satisfaction of the lien while preserving the remaining balance on the property. 2. Full Certificate of Satisfaction: This certificate is utilized when the entire amount due under the mechanic's or construction lien has been paid or resolved. It signifies the complete satisfaction of the lien and releases any claims or encumbrances on the property. 3. Conditional Certificate of Satisfaction: This type of certificate is issued when certain conditions or terms are met to partially or fully satisfy the mechanic's or construction lien. These conditions could include the payment of a specific amount, the completion of certain repairs or modifications, or the fulfillment of any outstanding obligations related to the construction project. The Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien typically includes various essential details, such as: 1. Property Information: The certificate specifies the property's legal description, address, and any relevant identifiers to ensure accurate identification. 2. Lien Information: It outlines the details of the mechanic's or construction lien, including the recording information, the lien holder's name, contact information, and the recorded date. 3. Satisfaction Details: This section provides information about the satisfaction of the lien, including the amount paid, the method of payment, the date of satisfaction, and any other crucial financial or contractual arrangements made to resolve the lien. 4. Signatures and Notarization: The certificate must be signed by both the lien holder and the property owner to denote their agreement and acknowledgment of the lien's satisfaction. Additionally, notarization is necessary to validate the document's authenticity. It is essential to consult with an attorney or a qualified professional familiar with Texas lien laws and practices ensuring the accuracy and compliance of the Collin Texas Certificate of Satisfaction of Mechanic's or Construction Lien.
