This form is a release of a deed of trust lien. Grantor executed and delivered a deed of trust to the trustee for the lienholder. The lienholder has agreed to release the property from the lien of the deed of trust and discharge all right and title to the property.
The Release of Lien Form in California is a legal document that serves to release a lien that has been placed on a property. Liens are typically placed on properties as a result of unpaid debts or financial obligations, and the release of lien form is used to remove that claim from the property's title. The California Release of Lien Form is applicable in various situations, such as when a contractor or subcontractor has placed a lien on a property due to unpaid services or materials provided for construction, improvement, or repair work. It is also used to release a lien on a vehicle or other personal property when the associated debt has been satisfied. There are different types of Release of Lien Forms in California, depending on the nature of the lien and the property involved. Some common types include: 1. Mechanics Lien Release Form: This form is used to release a mechanics lien, which is placed on a property to secure payment for construction or improvement work provided by contractors or subcontractors. 2. Vehicle Lien Release Form: If a vehicle owner has a lien on their vehicle due to an outstanding auto loan or lease, the Vehicle Lien Release Form is used to release that lien once the debt has been paid off. 3. Property Lien Release Form: This type of release form is used when there is a lien on a property for various reasons, such as unpaid property taxes or judgments. The Property Lien Release Form is filed to release the claim on the property after the debt has been settled. 4. Contractor's Lien Release Form: Contractors or subcontractors who have placed a lien on a property due to non-payment can use this form to release the lien once they have received the full payment for their services. Regardless of the specific type, the Release of Lien Form in California requires accurate and specific information about the property, the lien holder, the debtor, and the reasons for the lien. It is crucial to follow the proper legal procedures and requirements when completing and filing these forms to ensure a valid and enforceable release of lien. It is advisable to seek legal advice or consult with a professional to ensure compliance with state regulations and the appropriate form selection for a specific situation.
