A Certificate of Satisfaction of MECHANIC'S Lien is used to certify that a MECHANIC'S lien has been paid off in full and that the official who originally recorded the lien is instructed to strike or erase the lien from the record. While Indiana statute does not specifically provide for a form of satisfaction of a lien, this document will suffice to discharge any recorded liens.
Use the Certificate of Satisfaction of Lien when a lien has been satisfied in full or if the lien is no longer necessary for any other reason. The Satisfaction of Lien document includes the following information: 1) lien claimant's name; 2) details of the underlying lien including office where recorded, date of recording, and book and page number of recording index; 3) owner's name and address; 4) a legal property description; 5) date lien satisfied; 6) the contractor's name and title; and 7) witnesses name and date witnessed.
Record the Certificate in the office where the lien was originally filed. Following its filing, the lien will be discharged and released from the record.
This article is provided for informational purposes only and should not be relied upon as a substitute for advice from an attorney. Please consult with an Indiana attorney for any questions regarding discharging a mechanic's lien.
Deeds.com Indiana Satisfaction of Lien Forms Have Been Updated as Recently as Thursday November 1, 2018