(Partial) Release of Mechanics' Lien (Ohio)

The (Partial) Release of Mechanics' Lien (Ohio) legal template is a document used to release a portion of a mechanics' lien placed on a property in the state of Ohio. A mechanics' lien, also known as a construction lien or contractor's lien, is a legal claim filed by contractors, subcontractors, or suppliers who have not been paid for their work or materials provided.

In certain situations, it may be necessary to release a part of the mechanics' lien when a partial payment has been made. This template provides a standardized and legally-binding form that allows the lien claimant to release a specific portion of the lien amount in exchange for the partial payment received.

The document typically includes key information such as the names and contact details of the lien claimant and the property owner, a description of the property involved, details of the original mechanics' lien, the amount of the lien initially claimed, and the amount being released in relation to the partial payment received.

By utilizing this legal template, both the lien claimant and the property owner can acknowledge and record the released lien amount accurately, providing clarity and documentation of the partial payment made. It offers protection for all parties involved and ensures transparency throughout the lien release process in compliance with Ohio state laws and regulations.