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 Maine, a lien release, also known as a release of lien or lien cancellation, is used to remove a mechanic's lien from the property records once the debt has been satisfied. Mechanic's liens are claims made by contractors, subcontractors, or suppliers who have provided labor or materials to improve a property and have not been paid. Under Maine law, specifically Title 10, Chapter 603 of the Maine Revised Statutes, once the lienholder has received full payment for the claimed amount, they are required to file a lien release with the registry of deeds in the county where the property is located. This release must be filed within 30 days of the payment, and failure to do so can result in penalties. The lien release must contain specific information, such as the names of the lienholder and property owner, a description of the property, and the book and page number where the original lien was recorded. Once properly filed, the lien release effectively cancels the lien and clears the title to the property.