When any lien established by the provisions of this article has been satisfied, the lienholder shall, within thirty days after satisfaction, issue a release of the lien to the person against whom the lien was claimed. Such release shall be a document in a form as specified in section 11-480. Failure to grant such a release shall be subject to the penalties prescribed by section 33-712.

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Terms Used In Arizona Laws 33-909

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
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