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 South Carolina, a lien release is a legal document that removes a previously filed mechanic's or materialman's lien from the property title. These liens are used by contractors, subcontractors, or suppliers to ensure payment for labor or materials provided for property improvements. Once the debt is paid, the lienholder is required to file a lien release in the county where the property is located to clear the title. According to South Carolina law, specifically under S.C. Code Ann. § 29-5-10 et seq., the lienholder must file a satisfaction or release of the lien within 20 days after receiving full payment. Failure to do so can result in penalties, including potential liability for the lienholder for any damages caused by the failure to release the lien. It is important for property owners to obtain this release to ensure their property title is clear of any encumbrances related to the lien.