Nevada Lien Release Withholding Tax

State:
Nevada
Control #:
NV-08A-09
Format:
Word; 
Rich Text
Instant download

Description

The Nevada lien release withholding tax form is a crucial document that enables the discharge of a recorded notice of lien for corporations in Nevada. It outlines the necessary details, including the names of the parties involved and the property description subject to the lien. This form must be completed accurately with information about the original lien and the parties' consent to release it. Key features include sections for signatures, a space for notarization, and precise legal language that identifies the lien being released. Attorneys, partners, owners, associates, paralegals, and legal assistants are the target audience for this form, as they often play a significant role in real estate transactions and lien management. This document serves as a formal declaration that the lien has been satisfied, which is important for maintaining clear title to properties. For those involved in legal and business practices, understanding and utilizing this form is essential to ensure compliance with Nevada law and protect their clients' interests.
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  • Preview Discharge or Release of Lien - Corporation
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How to fill out Nevada Discharge Or Release Of Lien - Corporation?

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FAQ

No, of the 12 states that provide statutory lien waiver forms, only 3 states require them to be notarized. Nevada's lien waivers don't require notarization to be valid, In fact, an argument could be made that notarizing a Nevada lien waiver, could actually invalidate it.

The ELT lienholder can electronically request a lien release (title will be processed without the lienholder) or request a printed title with the lienholder listed (fees apply for printing). You cannot apply for a duplicate ELT title using a paper form.

Nevada has specific regulated statutory lien waiver forms that must be used. To waive lien rights in Nevada, the waiver must use the statutory form and have it signed by the claimant. Both conditional and unconditional lien waivers are allowed, but conditional is viewed as the safer option.

You may submit the title at a DMV office or mail it to us to have the lienholder removed and obtain a "clear" title. It does not matter whether the title was issued in a different state as long as the vehicle is registered in Nevada.

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Nevada Lien Release Withholding Tax