This form is a marginal release of a secured instrument. The claimant acknowledges that he/she is the lawful holder of a claim secured by a particular instrument. The claimant acknowledges the satisfaction and the discharge of the lien to secure the same in full or in part.
Tennessee Release Lien Withdrawal
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How to fill out Tennessee Marginal Release Of Lien?
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FAQ
In Tennessee, the title is given to the owner, or if applicable, the first lienholder. When a lien is satisfied, the lienholder is required to sign the release on the title, forward title to the owner and notify the Division within seventy-two (72) hours of the release.
A duplicate title can be obtained in person or by mail through your local county clerk's office. Lienholders and out-of-state applicants should apply through the office of the county clerk of the owner's last Tennessee residence.
Sometimes liens can be removed "in trust". A discharge in trust is a method used to remove a lien via a third party, usually a lawyer. For example, if your customer has payment but would like the lien to be removed prior to releasing the funds, a discharge in trust can be useful.
A duplicate title can be obtained in person or by mail through your local county clerk's office. Lienholders and out-of-state applicants should apply through the office of the county clerk of the owner's last Tennessee residence.
While an expired lien will no longer be valid and enforceable (and thus has lost its effectiveness as a tool to help remedy a payment issue), it still may remain attached to the underlying property. This is due to the fact that a mechanics lien claim is filed with the clerk of court or the county recorder.
