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 Oregon, a lien release, also known as a release of lien or lien cancellation, is used to remove a previously filed mechanic's or construction lien from the property title. Mechanic's liens are legal claims filed by contractors, subcontractors, or suppliers who have not received payment for work performed or materials provided on a property. Once the owed party receives payment, they are required to file a lien release with the county recorder's office where the property is located to clear the title. Oregon law specifies the process for filing a lien release, including the necessary forms and timeframes. Failure to timely file a lien release after payment can result in penalties for the lien claimant. It is important for property owners and contractors to understand the specific requirements and deadlines for lien releases to ensure the property title is cleared promptly after the satisfaction of the lien.