The Affidavit of Release of Liens is a crucial document in Singapore's construction and property sectors, used when a party wishes to formally relinquish their lien rights against a property or project. This document is typically executed after payment has been received or claims have been settled, providing legal assurance to property owners and stakeholders that no further claims exist. It must comply with Singapore's strict legal requirements, including proper execution before a Commissioner for Oaths and adherence to the Building and Construction Industry Security of Payment Act. The affidavit includes detailed information about the property, the liens being released, and the parties involved.
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1. Title and Introduction: Identifies the document as an affidavit and the deponent
2. Personal Details: Deponent's full name, NRIC/passport number, address, and capacity
3. Property/Project Description: Detailed description of property/project subject to liens
4. Lien Details: Description of liens being released including dates and amounts
5. Declaration of Release: Formal statement releasing all claims and liens
6. Verification Statement: Statement affirming truth of contents
7. Execution Block: Signature, date, and notarization details
1. Consideration Statement: Details of payment received, if applicable - used when release is in exchange for payment
2. Corporate Authority: Statement of authority to execute on behalf of company - used when deponent represents a company
3. Conditional Release Provisions: Conditions that must be met for release to take effect - used when release is subject to conditions
1. Schedule of Liens: Detailed list of all liens being released with registration numbers
2. Property Details: Legal description of property/project
3. Supporting Documents: Copies of original lien registrations or related documents
4. Corporate Resolution: Resolution authorizing release of liens, required when deponent represents a company
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