State Of Texas Lien Release

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

Description

The State of Texas lien release form is a legal document used to formally release a lien against a property when a debt is paid off or otherwise settled. Key features of this form include the identification of the original grantor, the lienholder, and the property description, ensuring all parties are clearly defined. To fill out the form, users must provide pertinent details such as the date of the original deed, the names of the grantor and lienholder, and the notarization by a public official to validate the document. It is essential for the lienholder to sign the release, either as an individual or on behalf of a corporation. This form is particularly useful for attorneys, paralegals, and legal assistants who manage real estate transactions, ensuring that their clients have clear title to the property. Additionally, partners and owners can utilize this form to establish clear records of financial obligations, enhancing the efficiency of property management. Overall, the State of Texas lien release form serves as an effective tool for securing the legal interests of property owners and facilitating smoother transitions in property ownership.
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How to fill out Texas Release Of Lien?

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FAQ

Summary lien removal is governed by Texas Property Code Section 53.160 (?Summary Motion to Remove Invalid Lien or Unenforceable Lien?). This sets forth a process by which a lien can be removed in as fast as 21 days after the contractor (lien claimant) appears in the action.

VTR-266 Rev 10/16. Form available online at .TxDMV.gov.

Lenders in Texas customarily use a release of lien when the loan secured by a deed of trust has been paid in full or otherwise satisfied. The release of lien is recorded in the county where the real property collateral is located.

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.

To add or remove a lien on your vehicle title, visit your local county tax office. The title fee is $28 or $33, depending on your county, and must be paid at time of application. Please contact your local county tax office for the exact cost.

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State Of Texas Lien Release