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Affidavit Of Release Of Liens Template for Indonesia

A legally binding sworn statement under Indonesian law where a lien holder formally declares and confirms the release of their lien rights over specified property or assets. The document must be executed before an Indonesian notary public and comply with local property and security interest laws, including the Indonesian Civil Code and relevant property security regulations. It serves as official documentation that all obligations secured by the lien have been satisfied and that the lien holder relinquishes all claims against the property.

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What is a Affidavit Of Release Of Liens?

The Affidavit of Release of Liens is a crucial document in Indonesian property and security interest transactions, used when a lien holder needs to formally declare that a debt or obligation has been satisfied and the associated lien is being released. This document is particularly important in Indonesia's civil law system, where formal documentation and notarization are required for property-related matters. The affidavit must comply with Indonesian notarial laws and property regulations, including the Civil Code (Kitab Undang-undang Hukum Perdata) and specific regulations on security interests. It typically includes detailed information about the property, the original lien, proof of satisfaction of the underlying obligation, and the lien holder's explicit release declaration. The document serves as definitive evidence that the property is free from the specified encumbrance.

What sections should be included in a Affidavit Of Release Of Liens?

1. Title and Venue: Specifies the document type and jurisdiction (Indonesia)

2. Affiant Information: Full legal name, address, and capacity of the person making the affidavit

3. Property Description: Detailed description of the property or properties from which liens are being released

4. Lien Details: Specific information about the liens being released, including registration numbers and dates

5. Declaration of Release: Explicit statement declaring that the liens are fully satisfied and released

6. Authority Statement: Affiant's declaration of authority to release the liens

7. Verification Statement: Standard affidavit language verifying that all statements are true and correct

8. Execution Block: Space for affiant's signature, date, and notary's attestation

What sections are optional to include in a Affidavit Of Release Of Liens?

1. Additional Declarants: Required when multiple parties are releasing liens

2. Consideration Statement: Include when the release is given in exchange for specific consideration

3. Conditional Release Provisions: Used when the release is subject to specific conditions

4. Prior Lien History: Include when there's a complex history of liens that needs to be documented

5. Witness Section: Required in some jurisdictions or when additional verification is desired

What schedules should be included in a Affidavit Of Release Of Liens?

1. Schedule A - Property Details: Detailed legal description of the property/properties

2. Schedule B - Lien Documents: Copies or details of original lien documentation

3. Schedule C - Payment Evidence: Proof of payment or satisfaction of the liens (if applicable)

4. Schedule D - Supporting Documents: Any additional documentation supporting the release of liens

5. Appendix 1 - Corporate Resolutions: Required when the affiant is acting on behalf of a corporation

Authors

Alex Denne

Advisor @ GenieAI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Indonesia

Publisher

GenieAI

Document Type

Lien Waiver

Cost

Free to use

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