A lien release (also known as a release of lien, lien cancellation, or cancellation of lien) is the document filed in the county records to release or discharge a mechanic’s and materialmen’s lien (also known as a construction lien or contractor lien) that was filed as a claim on the property title to secure payment for labor and materials provided to improve the real estate.
In Arkansas, a lien release is a legal document used to cancel a previously filed mechanic's or materialman's lien against a property. These liens are typically filed by contractors, subcontractors, or suppliers who have not been paid for labor or materials provided for property improvements. Once the debt is paid or otherwise satisfied, the lienholder is required to file a lien release with the county recorder's office where the property is located. This process removes the lien from the property title, clearing any encumbrances related to the lien. Arkansas state statutes provide specific guidelines on the time frame and manner in which a lien release must be filed. Failure to timely file a lien release after the debt has been satisfied can result in penalties for the lienholder. It is important for property owners and lienholders to understand the requirements and procedures for filing a lien release to ensure the property title is clear of any such claims.