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 Oklahoma, a lien release, also known as a release of lien or lien cancellation, is a legal document used to remove a previously filed mechanic's and materialmen's lien from the property records. 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 clerk's office where the property is located. This filing serves as official notice that the lien is no longer valid and clears the title to the property. Oklahoma state statutes provide specific guidelines on the time frame and the process for filing a lien release, and failure to do so in a timely manner can result in penalties for the lienholder.