Texas Lien Release Withdrawal

State:
Texas
Control #:
TX-1048
Format:
Word; 
Rich Text
Instant download

Description

The Texas lien release withdrawal form is a legal document used to officially release a lien on a property, specifically a Deed of Trust. This form is significant for various parties, including attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions. Key features of the form include sections for the grantor, lienholder, and property description, along with spaces for signatures and acknowledgments by a notary public. Filling out the form requires precise details, such as dates and the property’s legal description, as well as ensuring proper execution by all relevant parties. Users should follow the instructions carefully, as any inaccuracies may affect the validity of the lien release. This form's primary use case is to clear a title, facilitating the transfer or sale of property by confirming that the lienholder is no longer claiming interest in the property. It is crucial for anyone in the real estate field to understand this form's requirements and implications to protect their legal rights and interests.
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FAQ

In most cases, the property owner or paying party will supply a mechanics lien release form when they remit payment. At this point, it is your (the lien claimant) legal duty to review the document, and if it is correct, then sign, notarize, and return the lien release.

The property owner will need to have the judgment lien removed so the title can be cleared and the property sold. A knowledgeable California debt settlement attorney can have the lien taken off, possibly without payment to the creditor or debt collector.

To add or remove a lien on your vehicle title, visit your local county tax office. The title fee is $28 or $33, depending on your county, and must be paid at time of application. Please contact your local county tax office for the exact cost.

To remove a lien recorded on a paper title, you will need: the vehicle title. a release of lien letter and/or other notifications from the lienholder(s) currently named on the vehicle title. a completed Application for Texas Title and/or Registration (Form 130-U)

VTR-266 Rev 10/16. Form available online at .TxDMV.gov.

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Texas Lien Release Withdrawal