In Arizona, a Release of Judgment Lien is a legal document that effectively removes or releases a recorded judgment lien on a property. When a judgment is entered against someone, it can create a lien on their real estate property, which serves as a claim or encumbrance on the property until the debt is satisfied. However, once the judgment has been paid off or released, it becomes crucial to file a Release of Judgment Lien to clear the title of the property and ensure its marketability. There are primarily two types of Arizona Release of Judgment Liens: 1. Voluntary Release of Judgment Lien: This type of release occurs when the judgment creditor willingly releases the judgment lien after receiving full payment or when an agreement has been reached to settle the debt in another form. The creditor files a Voluntary Release of Judgment Lien with the relevant county recorder's office, which then removes the lien from the property's title. 2. Satisfaction of Judgment: If a judgment has been satisfied, but the creditor fails to file a Voluntary Release, the judgment debtor can initiate the process by filing a Satisfaction of Judgment with the court. This document states that the judgment has been satisfied, and the court will subsequently issue an order directing the county recorder to release the judgment lien. In both cases, it is critical to file the appropriate release documents promptly to safeguard the property owner's rights and clear the title from any encumbrances caused by the judgment lien. Failure to release a judgment lien may result in complications during property transactions, refinancing, or obtaining new loans. The process of filing for a Release of Judgment Lien in Arizona typically involves gathering the necessary paperwork, such as the judgment order, satisfaction documents, and any supporting evidence of payment. These documents are then filed with either the county recorder's office or the court where the judgment was obtained. It is important to follow the specific procedures outlined by the county or court, as non-compliance may delay the release process. In conclusion, an Arizona Release of Judgment Lien is a critical legal document that releases the encumbrance created by a judgment lien on a property once the debt has been satisfied. Whether it is through a voluntary release or a court-ordered satisfaction, promptly filing the appropriate release documents with the relevant authorities ensures the clear and marketable title of the property.