Satisfaction Of Judgment Form Florida
Description
How to fill out Florida Satisfaction Of Judgment?
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FAQ
Whenever the entire amount due on a judgment, including interest, is paid in full, the holder of a judgment must execute a satisfaction of judgment and record the satisfaction in those counties where a certified copy of the judgment was previously recorded.
Satisfaction of a judgment means that the judgment is no longer a lien on the debtor's real property. The courts cannot control the actions of third parties, but usually, the fact of satisfaction is recorded by the major credit reporting agencies and included in the debtor's credit history.
This satisfaction of judgment is a general form. It is a new form. To ensure identity of the signer, notarization is prudent but not required. If a certified copy of the judgment is recorded, it may be prudent to include that recording information.
Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.
THE UNDERSIGNED owner and holder of the final judgment rendered in the action entitled (PLAINTIFF'S NAME) vs (DEFENDANT'S NAME) by the Circuit Court of County, Florida and recorded under Official Instrument# acknowledges that the judgment is fully paid. DATED on .
