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Partial Release Of Lien Form

Partial Release Of Lien Form Template for Singapore

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Key Requirements PROMPT example:

Partial Release Of Lien Form

"I need a Partial Release of Lien Form for a Singapore construction project where we're releasing 60% of the original lien amount following completion of Phase 1 works, with the original lien being SGD 2.5 million filed on March 15, 2025."

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What is a Partial Release Of Lien Form?

A Partial Release of Lien Form is utilized when a lienholder wishes to release their security interest in only a portion of the property or reduce the amount of the lien, typically following partial payment or completion of specific work. Under Singapore law, this document must precisely identify the original lien, specify the portion being released, and detail any remaining obligations. The form must comply with Singapore's SOPA requirements and property legislation, requiring proper execution and registration. This document is particularly crucial in construction and development projects where progressive releases are common as work is completed or payments are made.

What sections should be included in a Partial Release Of Lien Form?

1. Identification of Parties: Full legal names and addresses of lienor and property owner

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

3. Original Lien Details: Reference to original lien, including date filed and amount

4. Release Statement: Clear statement of partial release and portion being released

5. Remaining Lien Amount: Statement of remaining lien amount after partial release

What sections are optional to include in a Partial Release Of Lien Form?

1. Consideration Statement: Statement of payment or consideration received, if applicable

2. Conditional Release Provisions: Any conditions that must be met for release to take effect

3. Additional Property Details: For complex properties requiring additional description

What schedules should be included in a Partial Release Of Lien Form?

1. Original Lien Document: Copy of the original lien being partially released

2. Property Survey: If partial release relates to specific portion of property

3. Payment Evidence: If release is based on partial payment received

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Industries

Building and Construction Industry Security of Payment Act (SOPA): Primary legislation governing payment claims, payment responses, and lien rights in the construction industry. Sets out the framework for progress payments and lien rights enforcement.

Civil Law Act (Cap. 43): Fundamental legislation containing general provisions about contracts and civil obligations, particularly relevant for ensuring formal requirements of legal documents are met.

Registration of Deeds Act (Cap. 269): Legislation governing the registration of instruments affecting land, crucial for the formal recording of liens and their releases in the property system.

Land Titles Act (Cap. 157): Key legislation for registered land dealings, providing the framework for handling and recording interests in registered land properties.

Conveyancing and Law of Property Act (Cap. 61): Legislative framework governing property transactions and interests in land, including formal requirements for property-related documents and their execution.

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