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 Tennessee, 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 used in improving real property. Once the debt is paid or otherwise satisfied, the lienholder is required to file a lien release with the same county recorder's office where the original lien was recorded. This action clears the title of the property, allowing for its sale or refinancing. Tennessee law outlines specific procedures and timeframes for filing a lien release, and failure to do so in a timely manner can result in penalties for the lienholder. It is important for property owners and lienholders to understand the process and requirements for releasing a lien to ensure the property title is clear of any encumbrances related to the construction lien.