Arkansas Release of Lien for Deed of Trust

State:
Multi-State
Control #:
US-OG-544
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Release of Lien for a Deed of Trust.

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How to fill out Release Of Lien For Deed Of Trust?

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FAQ

The period during which a judgment is generally enforceable against the debtor is governed by Arkansas Code § 16-56-114 ? the statute of limitations applicable to judgments. It provides for a ten year limitation period after which, unless the period has been extended, further enforcement action is barred.

Protect Yourself With a Release of Lien (Lien Waiver) Fortunately, it's a simple process. A Lien Waiver is similar to a receipt. It basically states that you've paid the subcontractor what is owed, they accept the payment in full, and they waive the right to put a lien on your property.

The Arkansas Title, Registration and Lien Record Search is an online service provided by the Arkansas Department of Finance and Administration (DFA) that allows individuals or businesses to search for vehicle and vessel registration information, title information, and lien information.

In Arkansas, all mechanics liens must be filed within 120 days after last furnishing labor or materials. In Arkansas, an action to enforce a mechanics lien must be initiated within 15 months after the lien was filed.

Arkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. Please allow a minimum of three weeks processing time to receive your title.

The release of lien document should contain enough information to clear the encumbrance of the claim of lien from the property title. The release names the property owner and the claimant releasing the lien, and references the claim by instrument number and date of filing.

18-44-114 Preliminary Notice If delivery of the mailed notice is refused by the addressee, then the person holding the claim shall immediately mail to the owner, owners, or agent a copy of the notice by first class mail and may proceed to file his lien.

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Arkansas Release of Lien for Deed of Trust