Partial Release Of Lien Texas Form

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

Description

The Partial Release of Lien Texas form is a legal document used to release a specific property from the lien established by a deed of trust. This form is essential when a lienholder agrees to discharge a property, reflecting a formal acknowledgment of debt satisfaction or partial payment. Key features of the form include spaces to detail the parties involved, the property description, and the effective date of the release. Users must complete the form with accurate information regarding the grantor, lienholder, and specifics of the deed of trust. This form requires acknowledgment by a notary public to validate the signatures of individuals or corporate representatives. It serves essential functionalities for attorneys, partners, and paralegals by providing a clear procedural guide in property transactions, ensuring that clients can handle real estate matters efficiently. Additionally, legal assistants can assist in the preparation of this form, emphasizing its utility in streamlining workflows for real estate transactions and lien management. Overall, this form is crucial for maintaining accurate property records while protecting the rights of all parties involved.
Free preview
  • Preview Release of Lien
  • Preview Release of Lien

Form popularity

FAQ

Certain construction documents may need to be notarized, depending on the type of document and the state where the project is located. As far as lien waivers, the vast majority of states don't require notarization. However, Texas is one of those states that require notarized lien waivers.

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)

A partial release is a mortgage provision that allows some of the collateral to be released from a mortgage after the borrower pays a certain amount of the loan. Lenders require proof of payment, a survey map, appraisal, and a letter outlining the reason for the partial release.

In Texas, a release must be filed to clear a deed of trust from title to real property after a loan has been repaid or otherwise satisfied. The payment or other satisfaction of the debt extinguishes the encumbrance, but a recorded release is required to remove the lien as a cloud on title (Ellis v. Waldrop, 656 S.W.

Wait 10 business days for the lien holder to release the title after you pay off the loan. You should receive the original title through the mail from the lender if there is a paper title. If the lender recorded the lien electronically, it will send you a letter that confirms that it released the lien.

Trusted and secure by over 3 million people of the world’s leading companies

Partial Release Of Lien Texas Form