������Ƶ

A Release of Lien (Löschungsbewilligung) is a legal document that removes a creditor's claim on property or assets under German civil law. When someone pays off a secured debt, like a mortgage or construction loan, the lender signs this release to officially cancel their right to the collateral.

Under the German Civil Code (BGB), this release must be notarized and filed with the local land registry (Grundbuchamt) to clear the property's title. Banks, construction companies, and other lienholders commonly use these releases to confirm they no longer have any claims on the previously encumbered assets, allowing owners to sell or refinance their property without restrictions.

You need a Release of Lien (Löschungsbewilligung) when you've fully paid off a secured debt in Germany and want to clear your property's title. Common situations include completing mortgage payments, settling construction liens, or paying off business equipment loans secured against real estate.

The timing is crucial - request this release immediately after making your final payment. German banks and lenders must provide it promptly under BGB regulations, but delays in filing it with the land registry (Grundbuchamt) can complicate future property sales or refinancing. Business owners particularly benefit from obtaining releases quickly to maintain clean credit records and keep their financing options open.

• Vehicle Lien Release Form: Specifically for releasing security interests in vehicles, commonly used by auto financing companies and banks in Germany
• Conditional Waiver And Release On Progress Payment: Used in construction projects when partial payments are made, releasing liens only after payment clears
• Unconditional Waiver And Release On Final Payment: Provides immediate lien release upon final payment, common in completed construction projects
• Lien Release Letter: Standard format for general debt clearance, widely accepted by German land registries
• Lien Waiver Release Form: Comprehensive release document used for multiple types of property liens

• Banks and Financial Institutions: Primary issuers of Releases of Lien after mortgage or loan repayment, must provide notarized releases per German banking regulations
• Property Owners: Request and receive releases to clear their property titles, enabling future sales or refinancing
• Notaries (Notare): Authenticate releases and ensure compliance with German Civil Code requirements
• Land Registry Officials: Process and record releases in the Grundbuch, updating property records
• Construction Companies: Issue releases after receiving payment for work performed, clearing Bauhandwerkerpfandrecht (construction liens)
• Legal Counsel: Review and validate releases, ensuring proper documentation for complex transactions

• Property Details: Gather exact property description from Grundbuch (land registry), including parcel numbers and registered liens
• Debt Information: Compile loan numbers, original lien amounts, and confirmation of final payment
• Party Information: Collect full legal names and addresses of both lender and property owner
• Documentation: Prepare proof of payment and original lien registration documents
• Notarization Planning: Schedule appointment with a German notary (required for validity)
• Template Selection: Use our platform's German-compliant Release of Lien templates to ensure all mandatory elements are included
• Registration Details: Note local Grundbuchamt filing requirements and fees

• Property Identification: Exact legal description from Grundbuch, including parcel numbers and registered encumbrances
• Lien Details: Original lien amount, registration date, and document reference numbers
• Party Information: Complete legal names and addresses of lienholder and property owner
• Release Declaration: Clear statement of full discharge using specific German legal terminology (Löschungsbewilligung)
• Payment Confirmation: Acknowledgment that all secured obligations have been fulfilled
• Notarial Requirements: Space for notary's seal and certification as required by BGB
• Signature Block: Designated areas for all required signatures with dates and titles
• Registration Instructions: Clear directions for Grundbuchamt filing

A Release of Lien (Löschungsbewilligung) differs significantly from a Lien Waiver (Pfandrechtsverzicht) in German law. While both documents relate to property rights, they serve distinct purposes and are used at different stages of transactions.

• Timing of Effect: A Release of Lien cancels an existing lien after debt payment, while a Lien Waiver prevents future claims before work begins or payment is made
• Legal Requirements: Releases must be notarized and registered with the Grundbuchamt; Waivers often don't require this level of formality
• Primary Use: Releases clear property titles after mortgages or construction loans; Waivers are common in ongoing construction projects
• Party Obligations: Releases permanently terminate the creditor's rights; Waivers limit future rights to file liens for specific work or payments