The Affidavit of Lien Release is a crucial document in Singapore's construction and property sectors, governed by SOPA and related legislation. It is used when a party who previously filed a lien against a property wishes to formally release their claim, usually after receiving payment or reaching a settlement. The affidavit must include specific details about the original lien, the property, and the parties involved, and must be properly sworn or affirmed before a Commissioner for Oaths. This document provides legal certainty to property owners and helps clear title records.
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Key Requirements PROMPT example:
Affidavit Of Lien Release
"Need an Affidavit of Lien Release for a completed commercial building project in Singapore, where our company (ABC Construction Pte Ltd) needs to release a mechanics lien of SGD 2.5 million after receiving full payment on March 15, 2025."
1. Title and Declaration: Formal opening stating this is an affidavit, deponent details
2. Identification of Parties: Details of lienor and property owner
3. Property Description: Legal description of property subject to the lien
4. Original Lien Details: Information about the original lien including date filed and amount
5. Release Statement: Explicit statement releasing the lien
6. Execution Block: Signature section with notarization/witness requirements
1. Consideration Statement: Details of payment or consideration received, if applicable
2. Partial Release Statement: Used when only part of the lien is being released
3. Corporate Authorization: Required when lienor is a corporation
1. Original Lien Document: Copy of the original lien being released
2. Property Title Documents: Relevant property ownership documents
3. Corporate Resolution: If lienor is a corporation, resolution authorizing release
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