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 Hennepin County, Minnesota Certificate of Satisfaction of Mechanic's or Construction Lien is an essential legal document used to release a mechanic's or construction lien on a property located in Hennepin County. This certificate signifies that a contractor, subcontractor, or supplier who had previously filed a lien against the property for non-payment has been fully paid or has resolved the debt satisfactorily. In Hennepin County, there are two primary types of Certificates of Satisfaction of Mechanic's or Construction Lien: 1. Full Payment Certificate: This type of certificate is issued when the property owner has made complete payment to the contractor, subcontractor, or supplier, thereby fully satisfying the mechanic's or construction lien. It releases any claim or encumbrance recorded on the property's title and verifies that all financial obligations related to the lien have been settled. 2. Partial Payment Certificate: This certificate is utilized when a property owner has made a partial payment toward the outstanding debt associated with the mechanic's or construction lien, but not the full amount. It acknowledges the partial satisfaction of the lien, specifying the remaining balance or unpaid portion that is yet to be cleared. This type of certificate provides transparency regarding the payment progress and allows the property owner to continue the necessary steps to resolve the lien. The Hennepin County Certificate of Satisfaction of Mechanic's or Construction Lien must contain specific information to be considered valid: — Property Information: The legal description and address of the property where the mechanic's or construction lien was filed must be included in the certificate. — Lien Filing Details: The document should state the date when the lien was filed, the court or office where it was recorded, and the instrument or document number assigned to the initial lien. — Parties Involved: The names and addresses of the property owner, lien claimant (contractor, subcontractor, or supplier), and any other relevant entities must be accurately provided. — Payment Details: The certificate should outline the payment amount made by the property owner in either full or partial satisfaction of the lien. If it is a partial payment certificate, it should clearly indicate the remaining balance. — Notarization: The certificate must be notarized to ensure its authenticity and validity. Filing a Certificate of Satisfaction of Mechanic's or Construction Lien in Hennepin County is crucial for property owners to protect their ownership rights, maintain a clean title, and eliminate any encumbrances on the property. It provides assurance to potential buyers, lenders, or other parties involved in property transactions that all debts or claims related to the lien have been appropriately resolved.The Hennepin County, Minnesota Certificate of Satisfaction of Mechanic's or Construction Lien is an essential legal document used to release a mechanic's or construction lien on a property located in Hennepin County. This certificate signifies that a contractor, subcontractor, or supplier who had previously filed a lien against the property for non-payment has been fully paid or has resolved the debt satisfactorily. In Hennepin County, there are two primary types of Certificates of Satisfaction of Mechanic's or Construction Lien: 1. Full Payment Certificate: This type of certificate is issued when the property owner has made complete payment to the contractor, subcontractor, or supplier, thereby fully satisfying the mechanic's or construction lien. It releases any claim or encumbrance recorded on the property's title and verifies that all financial obligations related to the lien have been settled. 2. Partial Payment Certificate: This certificate is utilized when a property owner has made a partial payment toward the outstanding debt associated with the mechanic's or construction lien, but not the full amount. It acknowledges the partial satisfaction of the lien, specifying the remaining balance or unpaid portion that is yet to be cleared. This type of certificate provides transparency regarding the payment progress and allows the property owner to continue the necessary steps to resolve the lien. The Hennepin County Certificate of Satisfaction of Mechanic's or Construction Lien must contain specific information to be considered valid: — Property Information: The legal description and address of the property where the mechanic's or construction lien was filed must be included in the certificate. — Lien Filing Details: The document should state the date when the lien was filed, the court or office where it was recorded, and the instrument or document number assigned to the initial lien. — Parties Involved: The names and addresses of the property owner, lien claimant (contractor, subcontractor, or supplier), and any other relevant entities must be accurately provided. — Payment Details: The certificate should outline the payment amount made by the property owner in either full or partial satisfaction of the lien. If it is a partial payment certificate, it should clearly indicate the remaining balance. — Notarization: The certificate must be notarized to ensure its authenticity and validity. Filing a Certificate of Satisfaction of Mechanic's or Construction Lien in Hennepin County is crucial for property owners to protect their ownership rights, maintain a clean title, and eliminate any encumbrances on the property. It provides assurance to potential buyers, lenders, or other parties involved in property transactions that all debts or claims related to the lien have been appropriately resolved.
