How do I get a lien release in Pennsylvania?

If the lien is released by the lienholder on Form MV-38O(opens in a new tab), or with a notarized lien release statement on lienholder's letterhead, PennDOT's counter service area will accept a properly completed application and issue a duplicate title to the vehicle owner (with proper owner ID) with no lien.

US Legal Forms
Forms Kit
Legal Letters
Multi-State
Sample Letter for Payoff of Loan held by Mortgage Company

Lien Payoff Request Form (rev-1038) In Franklin

Q: How long are PA dept of revenue liens good for?

Code 119.11 - Liens for tax. (2) The lien will be considered perfected when filed and docketed by the prothonotary. (3) The lien shall continue for five years from the date of docketing and may be revived and continued by the Department in the manner now or hereafter provided by law.

Category:

Letters - Loans and Lending - Mortgages Payoff

State:

Multi-State

County:

Franklin

Control #:

US-0019LTR

Format:

Instant download

Description

The Lien payoff request form in Franklin is designed to facilitate the process of requesting the payoff amount for a loan secured by a lien. This form is crucial for individuals and entities involved in real estate transactions, specifically for attorneys, partners, owners, associates, paralegals, and legal assistants. Key features of the form include sections for detailing the property in question, the loan holder, and the requested payoff amount, ensuring clear communication regarding financial obligations. When filling out the form, users should carefully include specific information about the lien and any accrued interest, as well as any negative escrow amounts that may affect the total payoff. Editing instructions advise users to tailor the content to reflect their unique facts and circumstances effectively. Use cases for this form often arise in scenarios such as refinancing, property sales, or when settling debts. Overall, the Lien payoff request form serves as a vital tool in managing lien responsibilities, promoting transparency, and streamlining financial transactions.

Example of a mortgage payoff statement

View this form

Jurat Acknowledgment

View this form

Form popularity

FAQ

To obtain a judgment lien, you must first record the judgment with the court of common pleas in the county where the debtor owns property. The lien will stay in effect for five years, but can be renewed, if the debtor does not sell the property within that time period.

Code § 119.11 - Liens for tax. (2) The lien will be considered perfected when filed and docketed by the prothonotary. (3) The lien shall continue for five years from the date of docketing and may be revived and continued by the Department in the manner now or hereafter provided by law.

If the lien is released by the lienholder on Form MV-38O(opens in a new tab), or with a notarized lien release statement on lienholder's letterhead, PennDOT's counter service area will accept a properly completed application and issue a duplicate title to the vehicle owner (with proper owner ID) with no lien.

The corporate lien certificate will certify settled corporate tax obligations owed to the Commonwealth. This lien certificate is restricted to settled deficiencies, no mention is made of credits, if any, that may be available in the tax account.

Auctions. Are usually announced on County websites or local newspapers. And at the auction you bidMoreAuctions. Are usually announced on County websites or local newspapers. And at the auction you bid on the tax lien certificates.

A payoff request allows a third party to receive the current balance due to release a lien or facilitate a business transfer (bulk sale transfer or liquor license). To release a lien or facilitate a bulk sale transfer, businesses must be in good standing to receive a payoff request.

Pennsylvania personal income tax is levied at the rate of 3.07 percent against taxable income of resident and nonresident individuals, estates, trusts, partnerships, S corporations, business trusts and limited liability companies not federally taxed as corporations.

Inquiries about Pennsylvania tax liens can be made at a local Prothonotary Office either in person or online: Online: Most county prothonotary offices provide online case search portals that people can use to search for tax lien cases their office has recorded.