STATEMENT OF LIENS (MULTIPLE)

Updated: Nov. 1, 2025

1. What is it?

A Statement of Liens is a formal written declaration from a party (usually a rights holder, producer, or seller) listing any liens, encumbrances, claims, or security interests that exist against a particular asset—commonly intellectual property such as film rights, music, or literary works. It plays a critical role in due diligence and chain of title verification, providing reassurance that the property can be transferred or licensed without hidden legal obstacles.

2. Who is it for?

This statement is crucial for parties involved in the acquisition, financing, or distribution of creative works who require assurance about the asset’s legal status.

Typical users include:

• Film producers and distributors verifying chain of title

• Lenders or investors assessing collateral status

• Buyers acquiring rights or licenses to use a work

• Attorneys conducting due diligence in IP transactions

• Completion guarantors requiring clean title

• Sales agents preparing materials for markets or festivals

3. What does it include?

The document explicitly states the liens or encumbrances that exist on the specified property. It typically lists them in detail, describing the nature, holder, and status. The statement includes identifying information about the property, warranties of ownership, and may include indemnification promises against undisclosed claims. It usually carries a date, the signature of the declarant, and sometimes a notarization to enhance enforceability.

Key Sections Typically Include:

• Parties / Declarant

  • Entity or individual providing the statement (e.g., rights holder, producer)

• Description of Property

  • Title of the work or asset (e.g., film title, copyright registration number)

• Statement of Liens

  • Clear declaration that no liens, security interests, claims, or encumbrances exist OR

  • Detailed listing of any liens, including creditor names and nature of claim

• Effective Date

  • Date of the statement’s issuance

• Signature and Acknowledgment

  • Signature of authorized representative

  • Notarization if required or customary

4. Related Forms include

• Statement of No Liens

• Statement of No Liens for a distributor

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