Release Of Lien Texas Form

Category:

Liens - Releases and Waivers

State:

Texas

Control #:

TX-1048

Format:

Instant download

Description

The Release of Lien Texas form is a key legal document used to discharge a lien on real property in Texas, specifically related to a Deed of Trust. This form is essential for lienholders who wish to formally release their claim on a property after the associated debt has been satisfied. It includes sections for identifying the grantor, lienholder, and the property description, ensuring clarity in the legal release. Users must fill in specific details including dates, names, and property information before executing the document. Proper acknowledgment by a notary is required to validate the release, emphasizing the form's legal authority. This form is particularly useful for attorneys, partners, and legal assistants handling real estate transactions, as well as owners and associates involved in property management. All legal professionals should ensure the form is properly completed to avoid any disputes regarding the lien status. Overall, the Release of Lien Texas form provides a structured method to officially eliminate liens, benefiting all parties involved.

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FAQ

What is release of lien form texas? This Texas Lien Release form is used to cancel a lien that has already been filed. It's most often used to release a lien claim after a lien claimant receives payment. However, they may also be released based on settlements, legal controversies, because they expired, or more.

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.

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)