Property Lien Release Form Texas With Mortgage

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

Description

The Property Lien Release Form Texas with Mortgage is a legal document used to release a lien on a property when the mortgage has been paid off or settled. This form is essential for ensuring that the borrower has legally discharged their debt, thus removing the lender's claim on the property. Key features include spaces for the grantor's name, property description, lienholder details, and acknowledgment sections that require notarization. It should be filled out completely with accurate property and party information and signed by the lienholder, who may be an individual or a corporate entity. Attorneys, partners, owners, associates, paralegals, and legal assistants benefit from this form by facilitating the transfer of clear title during property transactions. Proper use of this document ensures compliance with Texas state laws regarding the release of property interests, protecting both the homeowner and the lender. Additionally, it is important for the involved parties to retain a copy of the completed form for their records.
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FAQ

Filing Lien Affidavit It must be recorded (filed) in the real property records of the County Clerk's office in the county in which the owner's property is located by personally deliver- ing or mailing the lien affidavit to the County Clerk with the required recording fee. You need only file one lien affidavit.

If a lien is filed on your property and you believe the lien is wrongful, you, the property owner have a right to contest the lien. In some cases, you may be able to file a summary motion to remove a lien. This is a lawsuit filed in district court that will allow the almost immediate removal of the lien.

Ing to this law, a debtor must file an affidavit with the county to secure the release of a judgment lien against a primary residence. The debtor must first provide a 30-day notice letter to the creator of the judgment, containing a copy of the affidavit the debtor intends to file.

The mortgagee may file a separate affidavit describing the mortgage and property and controverting the affidavit by the title insurance company or authorized title insurance agent as a release of lien on or before the 45th day after the date the mortgagee receives the notice if the mortgagee mails a copy of the ...

Release Of Lien Texas Form To show that a lien has officially been removed on a property, you have to file a document called a ?lien release? in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.

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Property Lien Release Form Texas With Mortgage