Download Affidavit Of Release Of Liens - Singapore

Affidavit Of Release Of Liens Template for Singapore

An Affidavit of Release of Liens is a sworn legal document used in Singapore to formally relinquish any claims or liens against a property or project. It must be executed in accordance with Singapore's Building and Construction Industry Security of Payment Act and related legislation, sworn before a Commissioner for Oaths, and properly notarized. The document provides legal certainty to property owners and other stakeholders that all claims have been satisfied and released.

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What is a Affidavit Of Release Of Liens?

The Affidavit of Release of Liens is a crucial document in Singapore's construction and property sectors, used when a party wishes to formally relinquish their lien rights against a property or project. This document is typically executed after payment has been received or claims have been settled, providing legal assurance to property owners and stakeholders that no further claims exist. It must comply with Singapore's strict legal requirements, including proper execution before a Commissioner for Oaths and adherence to the Building and Construction Industry Security of Payment Act. The affidavit includes detailed information about the property, the liens being released, and the parties involved.

What sections should be included in a Affidavit Of Release Of Liens?

1. Title and Introduction: Identifies the document as an affidavit and the deponent

2. Personal Details: Deponent's full name, NRIC/passport number, address, and capacity

3. Property/Project Description: Detailed description of property/project subject to liens

4. Lien Details: Description of liens being released including dates and amounts

5. Declaration of Release: Formal statement releasing all claims and liens

6. Verification Statement: Statement affirming truth of contents

7. Execution Block: Signature, date, and notarization details

What sections are optional to include in a Affidavit Of Release Of Liens?

1. Consideration Statement: Details of payment received, if applicable - used when release is in exchange for payment

2. Corporate Authority: Statement of authority to execute on behalf of company - used when deponent represents a company

3. Conditional Release Provisions: Conditions that must be met for release to take effect - used when release is subject to conditions

What schedules should be included in a Affidavit Of Release Of Liens?

1. Schedule of Liens: Detailed list of all liens being released with registration numbers

2. Property Details: Legal description of property/project

3. Supporting Documents: Copies of original lien registrations or related documents

4. Corporate Resolution: Resolution authorizing release of liens, required when deponent represents a company

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

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