Document background
A Partial Lien Release is commonly used in Hong Kong when a property owner needs to free up a portion of their property from an existing lien while maintaining the security interest over the remaining property. This scenario frequently arises in property development projects, phased construction releases, or partial property sales. The document must conform to Hong Kong's legal requirements, particularly under the Land Registration Ordinance and Conveyancing and Property Ordinance, to ensure proper registration and enforcement. The Partial Lien Release needs to clearly identify the original lien, provide precise descriptions of both the released and retained property portions, and include proper execution formalities. It's particularly important in situations involving multiple units in development projects, staged releases of construction liens, or partial satisfactions of security interests.
