Glossary · Doing the deal
In short
A lien release is a document confirming that a lien, or a lender's claim on an asset, has been removed. This is essential for transferring clean title to assets.
At closing, your attorney will ensure that all existing liens from the seller's previous lenders are released. This includes UCC liens on business assets and any mortgages on real estate. Without proper lien releases, you risk inheriting the seller's old debts or having cloudy title to the assets you're buying.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Line up financing while you're under LOI
Tell us the business, the price, and your timeline — we'll match you with lenders who close deals like yours and flag anything that stalls the process.
Free · No documents · Usually same-day