Certificate Of Discharge Form Within One Year In Franklin

• Category: Federal - IRS - Tax Liens
• State: Multi-State
• County: Franklin
• Control #: US-00110
• Format: Word; Rich Text

Description

The Certificate of Discharge Form within one year in Franklin is utilized to request the discharge of a federal tax lien on property as outlined in Section 6325 of the Internal Revenue Code. This form is essential for individuals or entities looking to transfer ownership of property encumbered by a federal tax lien, facilitating smoother transactions. Key features include detailed requirements for property description, taxpayer information, encumbrances, and costs associated with transfer or sale. Users must provide appraisals, evidence of property value, and a signed declaration confirming the accuracy of the application. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to navigate complex lien situations. Filling out the form accurately is critical, as incorrect information can delay the discharge process. Specific use cases include situations involving property sales, mortgage foreclosures, and the need for timely lien clearances for financial transactions. Overall, the form serves as a vital tool for the target audience in managing federal tax lien issues effectively.