A Release of Lien and Affidavit is essential when removing encumbrances from property titles in England and Wales. This document is typically used after a debt has been satisfied or a claim has been settled, allowing the property owner to clear their title. The document must meet strict legal requirements under English law, including proper execution and authentication. It combines both the release of the lien and a sworn statement (affidavit) confirming the facts of the release, making it a powerful tool for updating property records and protecting all parties' interests.
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1. Parties: Identifies the Lien Holder and Property Owner
2. Property Description: Detailed description of the property subject to the lien
3. Lien Details: Description of the original lien, including date and amount
4. Release Statement: Formal statement releasing the lien
5. Attestation: Sworn statement confirming the facts in the affidavit
6. Execution: Signature blocks and notarization requirements
1. Consideration Statement: Details of any payment or consideration given for the release
2. Indemnification: Protection against future claims related to the released lien
3. Partial Release Provisions: Terms for partial release of lien when only part of the property is being released
1. Property Details Schedule: Detailed legal description of the property including title numbers and boundaries
2. Original Lien Documentation: Copies of original lien documents as reference
3. Payment Evidence: Proof of payment or satisfaction of debt (if applicable)
4. Land Registry Forms: Required forms for registration of the release with the Land Registry
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