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Release Of Lien On Real Property

Release Of Lien On Real Property Template for Ireland

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Key Requirements PROMPT example:

Release Of Lien On Real Property

"I need a Release of Lien on Real Property document for my Dublin residential property at 123 O'Connell Street, as I've fully repaid my construction loan to ABC Builders Ltd and need to clear the mechanic's lien they placed on March 15, 2025."

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Document background
A Release of Lien on Real Property is utilized when a lien holder wishes to formally relinquish their claim against a specific property in Ireland. This document becomes necessary when a debt or obligation secured by the property has been satisfied, when reaching a settlement agreement, or when the lien holder otherwise agrees to release their interest. The document must comply with Irish property law, particularly the Land and Conveyancing Law Reform Act 2009 and the Registration of Title Act 1964. It contains crucial information including property details, original lien information, and party identification. This release is typically registered with the appropriate Irish property registry to ensure clear title and proper public record of the release. The document is essential for maintaining clear property titles and facilitating future property transactions.
Suggested Sections

1. Identification of Parties: Full legal names and addresses of the Lien Holder (Releasor) and Property Owner (Releasee), including their roles and capacities

2. Property Description: Detailed legal description of the property as registered in the Land Registry or Registry of Deeds, including folio number and county location

3. Lien Description: Details of the original lien including date created, amount, and how it was recorded/registered

4. Consideration Statement: Statement of consideration received for the release, whether monetary or other form

5. Release Declaration: Formal statement releasing and discharging the lien and relinquishing all rights to the property

6. Execution: Signature blocks for the Lien Holder, including any witness requirements and notarization/authentication sections

Optional Sections

1. Partial Release Statement: Only included when releasing a portion of the property from the lien while maintaining the lien on other portions

2. Representations and Warranties: Optional statements regarding the lien holder's authority to release the lien and ownership of the lien rights

3. Governing Law: While Irish law is implied, this section may be included for additional clarity, especially in cases involving international parties

4. Prior Agreements: Reference to any settlement or payment agreements that led to this release, if applicable

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property including maps, boundaries, and Land Registry references

2. Schedule B - Original Lien Documentation: Copies or references to the original lien documentation including registration details

3. Schedule C - Payment Confirmation: If applicable, details of the payment or satisfaction of the debt that led to the release

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






















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Relevant Industries

Real Estate

Banking & Financial Services

Construction

Legal Services

Property Development

Government & Public Sector

Property Management

Mortgage Services

Relevant Teams

Legal

Real Estate

Property Management

Finance

Mortgage Operations

Construction Management

Title Administration

Risk Management

Compliance

Document Management

Relevant Roles

Real Estate Attorney

Property Lawyer

Conveyancing Solicitor

Property Manager

Construction Project Manager

Mortgage Officer

Legal Counsel

Title Officer

Property Development Manager

Real Estate Transaction Coordinator

Lien Administrator

Property Rights Specialist

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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