This form is a sample letter in Word format covering the subject matter of the title of the form.
Lien Release Letter From Capital One In Virginia
State:
Multi-State
Control #:
US-0019LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Obtaining a Lien Release 1 Confirm the FDIC has the authority to assist with a lien release. 2 Compile Required Documents and Prepare Request for a Lien Release. 3 Register/Mail request to FDIC DRR Customer Service and Records Research.
The lender will manually release your lien by signing and dating the lien release section on the title and mail the title to you directly. When you receive the title, you need to visit a DMV customer service center to apply for a substitute title and have the lien removed from DMV records.
If they are not timely renewed, they expire. In CA that is 10 years. However, when a judgment lien has been recorded against your property, it has no expiration date.
If there truly is no one with the legal authority to release the lien, then the remedy lies with the court. The property owner will need to file a lawsuit to quiet title. There are unique challenges involved with suing a defunct entity, but an experienced real estate attorney will be able to navigate those challenges.
If the lien is for a subsidiary of a failed bank, the FDIC may also be able to assist you. Please contact FDIC DRR Customer Service at 888-206-4662. The FDIC cannot process lien releases for: Banks that merged without government assistance, unless the successor bank failed (see BankFind)
Any person who owns or has any interest in real estate or personal property on which such lien exists may, after twenty days' notice thereof to the person entitled to such lien, apply to the circuit or corporation court of the county or corporation in whose clerk's office such encumbrance is recorded, or to the Circuit ...
