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Get 481.7 Conditional Lien Release - Hcd Ca
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How to fill out the 481.7 Conditional Lien Release - Hcd Ca online
The 481.7 Conditional Lien Release is an important document used in the state of California for releasing a lien on a property. This guide will help you fill out the form effectively when completing it online, ensuring that all necessary information is accurately provided.
Follow the steps to complete the 481.7 Conditional Lien Release online.
- Press the ‘Get Form’ button to access the document you need. This will allow you to open the form in your preferred editing tool.
- In Section I, enter the escrow company information. Provide the name of the company, the complete street address (including P.O. Box if applicable), city, state, and zip code. Also, include the name of the escrow agent.
- Move to Section II and complete the lienholder information. Check the appropriate status option (Legal Owner, First Junior Lienholder, or Second Junior Lienholder). Then, enter the lienholder's name and their address details, including street address, city, state, and zip.
- In Section III, fill out the registered owner(s) information. Include the names of the individuals or entities that are the registered owners, followed by the loan number if applicable.
- Proceed to Section IV, where you must provide a description of the unit. Enter the manufacturer trade name, year of manufacture, manufacturer serial number(s), and decal (license) number(s).
- In Section V, confirm the lienholder certification. Here, you will indicate under penalty of perjury that the information provided is correct. Write the total payment amount needed to release the lien and the payoff expiration date. Ensure you confirm the agreement by signing and dating the form, and include the city and state where signed.
- Lastly, in Section VI, complete the escrow agent certification. Certify the lienholder has been paid in full according to the attached lien status report. Sign and date this section, including city and state.
- Once you have filled out all sections of the form accurately, you can save the changes. From there, you may download, print, or share the completed document as needed.
Begin completing your documents online today for efficient management.
The Conditional Waiver and Release on Final Payment form is used when the claimant is required to execute a waiver in exchange for a final payment. Because it is conditional, this release is only binding if there is evidence of payment.
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