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Release Of Lien And Affidavit

Release Of Lien And Affidavit Template for Singapore

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Key Requirements PROMPT example:

Release Of Lien And Affidavit

"I need a Release of Lien and Affidavit to release a construction lien on my commercial property at 123 Orchard Road, following full payment of SGD 250,000 to the contractor on January 15, 2025, and I need this document to comply with Singapore's SOPA requirements."

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Document background
The Release Of Lien And Affidavit is a crucial document in Singapore's property and construction landscape, typically used when a debt or obligation secured by a lien has been satisfied. This document serves dual purposes: it legally releases the lien holder's claim against the property and provides sworn testimony regarding the release's authenticity. It's particularly relevant in construction projects, property transactions, and business dealings where liens have been placed on assets. The document must comply with Singapore's strict legal requirements, including those set forth in the Building and Construction Industry Security of Payment Act and the Oaths and Declarations Act.
Suggested Sections

1. Identification of Parties: Details of the lien holder and the property owner/debtor

2. Property Description: Legal description of the property subject to the lien

3. Lien Details: Description of the original lien, including amount and date filed

4. Release Statement: Formal statement releasing the lien

5. Consideration: Statement of payment or other consideration received

6. Affidavit Declaration: Sworn statement attesting to the truth of the release

Optional Sections

1. Partial Release Clause: Used when only part of the lien is being released. Include when releasing only a portion of the total lien amount

2. Conditional Release Provisions: Specifies conditions that must be met for the release to take effect. Include when release is contingent on specific conditions being met

3. Indemnification Clause: Protects parties from future claims related to the released lien. Include when additional protection against future claims is desired

Suggested Schedules

1. Original Lien Documentation: Copies of the original lien filing documents

2. Property Title Documents: Relevant property ownership documentation

3. Payment Evidence: Proof of payment or consideration for the release

4. Authorization Documents: Evidence of authority to execute the release (if applicable)

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
























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Industries

Building and Construction Industry Security of Payment Act (SOPA): Primary legislation governing payment claims and liens in the construction industry. Establishes procedures for securing and releasing payment claims.

Property Law Act: Legislation regulating property rights and interests in Singapore, particularly relevant for liens affecting real property.

Conveyancing and Law of Property Act: Governs property transactions and encumbrances in Singapore, with specific provisions relevant for releasing property-related liens.

Evidence Act: Sets out requirements for affidavits and standards for documentary evidence in Singapore legal proceedings.

State Courts Rules and Supreme Court of Judicature Act: Establishes procedural requirements for filing and executing legal documents, including specific format and content requirements for affidavits.

Oaths and Declarations Act: Specifies requirements for sworn statements and procedures for executing affidavits in Singapore.

Contract Law (Common Law principles): Foundational legal principles governing contract formation and enforcement, including requirements for valid release agreements in Singapore.

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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