Partial Lien Release Form

• Category: Liens - Judgments
• State: Montana
• Control #: MT-E3041
• Format: Word; Rich Text

Description

The Partial Lien Release Form serves as a crucial legal document that acknowledges the release of a portion of a judgment lien against specific real property. This form is particularly useful for facilitating transactions related to the termination of partnerships and the transfer of real estate interests. The key features include a detailed acknowledgment of the existing obligation due, a description of the properties involved, and the explicit re-establishment of the judgment lien. It is essential that all parties involved accurately fill out the required sections, including the names, dates, and property descriptions, to ensure validity. Additionally, the document must be notarized to confirm the identities of the signatories and their agreement to the terms outlined. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form instrumental in managing real estate transactions and legal obligations. By using this form correctly, they can help ensure that liens are accurately recorded and upheld, thereby protecting the interests of their clients and their own legal standing within property dealings.