Free Security Interest Release
This Security Interest Release will effectively release a lien created by a security interest. This release sets out the identities of the releaser and releasee and sets forth that the Security Interest Release was voluntarily signed by the Releasor.
Disclaimer:This was not drafted by an attorney & should not be used as a legal document.
SECURITY INTEREST RELEASE
KNOW ALL PERSONS by these presents that _____________________________________ of _____________________________________________, (the “Releasor”), in consideration of __________________________________________________ and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Releasor, hereby remises, releases and forever discharges __________________________________ of __________________________________________, (the “Releasee”), its heirs, executors, administrators, successors and assigns from the following lien created by certain security interest, dated _______________, ________ granted by ____________________________.
The Releasor acknowledges and declares that it has fully understood the terms of this Release, and the Releasor has signed the Release voluntarily. Releasor further acknowledges that it has sought and obtained legal advice in respect of this Release.
IN WITNESS WHEREOF the Releasor has executed this Release on this _____________ day of _________________, 20__________.