Notice Of Satisfaction Definition In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00191
Format:
Word; 
Rich Text
Instant download

Description

The Notice of Satisfaction in Phoenix is a legal document that confirms the fulfillment of conditions outlined in an Escrow Agreement, specifically addressing the release of liens on purchased assets. This form serves as a crucial part of the real estate transaction process, allowing for the disbursement of funds to the seller while ensuring that all contractual obligations have been met. Key features include sections to acknowledge received documentation, authorize the escrow agent to disburse funds, and detail any outstanding liens that will be resolved upon payment. To fill out the form, users should provide accurate information regarding the escrow agreement and the parties involved, using clear and concise language. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates the effective completion of property transactions, ensuring compliance with legal requirements and protecting the interests of all parties involved. The user-friendly structure and clear filling instructions make it accessible for individuals with varying levels of legal experience, enhancing its utility in both everyday transactions and more complex legal scenarios.
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FAQ

Satisfied judgments make it easier to get loans. They still hurt your credit score under the FICO formulas used for home loans, car loans, and credit card applications.

Satisfaction is the fulfillment of an obligation. The term is often used in the context of contract law when one performs their duties under the contract. The term is also often found in the context of judgments in determining whether a party discharged their liability from a judgment.

The first step to filing a mechanics lien is to record a Notice and Claim of Lien within 60 days after the property owner has recorded a Notice of Completion. If a notice has not been recorded, however, you will have 120 days after the completion of the project to record the claim.

How does a creditor go about getting a judgment lien in Arizona? To attach the lien, the creditor files and records a judgment with the county recorder in any Arizona county where the debtor owns property now or where they may own property in the future.

If you did record an Abstract of Judgment, you have to file the form called Acknowledgment of Satisfaction of Judgment (EJ-100) . You will have to name every county where you recorded the Abstract and sign the form in front of a notary public.

How does a creditor go about getting a judgment lien in Arizona? To attach the lien, the creditor files and records a judgment with the county recorder in any Arizona county where the debtor owns property now or where they may own property in the future.

The clerk maintains court case files; certifies documents; collects fees; issues summonses, subpoenas, and marriage licenses; and performs other duties required by law, e.g., acts as an acceptance agency for passports. Some counties offer these services in more than one location.

Public Records Requests should be made directly to the agency where the records reside. Please read Title 39 of the Arizona Revised Statutes to learn more about accessing public records. For questions or concerns regarding public records requests, contact the Arizona Ombudsman Citizen's Aide .

To request public records of the Superior Court or Judicial Branch in Maricopa County as defined by Arizona Supreme Court Rule 123 (Public Access to the Judicial Records of the State of Arizona), please email PublicRecords@jbazmc.maricopa.

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Notice Of Satisfaction Definition In Phoenix