Oakland Michigan Release of Lien Claim is a legal document that serves to release a lien claim on a property located in Oakland County, Michigan. This document states that the party who previously filed the lien claim no longer holds any legal rights or interest in the property and acknowledges that the lien has been satisfied or otherwise resolved. Keywords: Oakland Michigan, Release of Lien Claim, property, lien claim, legal document, Oakland County, satisfied, resolved. Types of Oakland Michigan Release of Lien Claims: 1. Mechanic's Lien Release: This type of lien claim release is specifically related to construction projects. If a contractor, subcontractor, or supplier files a mechanic's lien on a property due to non-payment for labor, materials, or services rendered, they can use this release of lien claim to officially release the lien after receiving payment. 2. Construction Lien Release: This type of lien claim release is similar to a mechanic's lien release but is typically used by general contractors or property owners when they have paid a subcontractor or supplier in full. By executing a construction lien release, the party acknowledges that there are no outstanding financial obligations related to the construction project and releases any potential liens associated with it. 3. Judgment Lien Release: A judgment lien can be placed on a property when a court orders the property owner to pay a debt owed to a creditor. Once the debt is settled, the creditor can file a judgment lien release to remove the lien from the property's title. 4. Tax Lien Release: This type of release is specific to tax liens imposed by government entities for unpaid taxes. Once the taxpayer satisfies their tax debt, they can request a tax lien release to remove the lien from the property's title. 5. Mortgage Lien Release: When a property owner pays off their mortgage loan completely, the lender will issue a mortgage lien release document that removes the lien from the property and allows the owner to have clear title. In conclusion, the Oakland Michigan Release of Lien Claim is a vital legal document used to release various types of liens from a property located in Oakland County, Michigan. It ensures that the parties involved acknowledge that the lien has been resolved, settled, or satisfied, and clears any encumbrances on the property's title.
Oakland Michigan Release of Lien Claim
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How to fill out Oakland Michigan Release Of Lien Claim?
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