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Release Of Lien Document

Release Of Lien Document Template for Germany

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Key Requirements PROMPT example:

Release Of Lien Document

"I need a Release of Lien Document under German law for a commercial property in Berlin, where Deutsche Bank is releasing their security interest following full repayment of a €2.5M loan in March 2025."

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Document background
A Release of Lien Document (³¢Ã¶²õ³¦³ó³Ü²Ô²µ²õ²ú±ð·É¾±±ô±ô¾±²µ³Ü²Ô²µ) is a crucial legal instrument in German property law, typically used when a debt secured by a property has been fully repaid or when a lienholder agrees to relinquish their security interest for other reasons. This document is essential for clearing title to real property and is governed by strict requirements under German law, particularly the German Civil Code (BGB) and Land Registry Code (GBO). The Release of Lien Document must contain specific information including precise property details, lien identification, and clear release language, and requires notarization before it can be registered with the Grundbuchamt (Land Registry). It serves as the formal basis for removing encumbrances from property records and is commonly used in real estate transactions, refinancing, and property transfers in Germany.
Suggested Sections

1. Parties: Identification of the lienholder (releasing party) and the property owner (receiving party), including full legal names, addresses, and registration details if applicable

2. Property Description: Precise legal description of the property against which the lien was registered, including land registry details (Grundbuch information), property address, and parcel numbers

3. Lien Details: Specific details of the lien being released, including original amount, registration date, and land registry entry references

4. Release Declaration: Formal declaration of the complete and unconditional release of the lien, explicitly stating the lienholder's consent to remove the lien from the land register

5. Authorization: Express authorization for the land registry to remove the lien from the register (³¢Ã¶²õ³¦³ó³Ü²Ô²µ²õ²ú±ð·É¾±±ô±ô¾±²µ³Ü²Ô²µ)

6. Execution: Signature block with notarization statement as required by German law

Optional Sections

1. Partial Release Statement: Used when only a portion of the lien is being released or when releasing a lien on one of multiple properties

2. Consideration: Include when there is payment or other consideration for the release of lien that needs to be documented

3. Representations and Warranties: Added when the lienholder needs to make specific declarations about their authority or the status of the lien

4. Governing Law: Include when there are international aspects to the transaction, though German law will apply to the property aspects

Suggested Schedules

1. Property Details Schedule: Detailed technical description of the property including exact measurements, boundaries, and land registry excerpts (Grundbuchauszug)

2. Power of Attorney: If the release is being executed by an authorized representative, attach the power of attorney documentation

3. Multiple Properties Schedule: When the release affects multiple properties, detailed listing of all properties and corresponding lien details

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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




















Clauses















Relevant Industries

Banking and Financial Services

Real Estate

Construction

Legal Services

Insurance

Property Development

Mortgage Services

Commercial Property Management

Residential Property Management

Public Sector (for government liens)

Relevant Teams

Legal

Real Estate Operations

Property Management

Mortgage Services

Compliance

Title and Registration

Banking Operations

Document Management

Transaction Processing

Risk Management

Relevant Roles

Legal Counsel

Real Estate Attorney

Property Manager

Loan Officer

Mortgage Specialist

Title Officer

Notary

Real Estate Transaction Manager

Compliance Officer

Legal Administrative Assistant

Real Estate Portfolio Manager

Banking Operations Manager

Property Rights Specialist

Land Registry Officer

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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