North Dakota Release of Judgment Lien - Abstract of Judgment

State:
Multi-State
Control #:
US-OG-538
Format:
Word; 
Rich Text
Instant download

Description

If an owner of an interest in real property has had a judgment obtained against the owner, this form addresses a release of that judgment lien.

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FAQ

The judgment creditor must apply for a writ of execution in the same North Dakota county that ordered the judgment. For foreign judgments registered in North Dakota, the judgment creditor must apply for a writ of execution in the same North Dakota county where the foreign judgment is registered.

Abstract of judgement refers to a copy or summary of a court's judgement. Some common uses of the term ?abstract of judgement? include: In the context of a civil case, abstract of judgement is a document disclosing a monetary award issued by the court in favor of a judgement creditor against a judgement debtor.

Money judgments automatically expire (run out) after 10 years.

Unless the judgment is earlier satisfied or the judgment lien is released, a real property judgment lien typically remains in effect for 10 years from the date of entry of the judgment. See CCP § 697.310(b).

An Abstract of Judgment is a court issued document that may allow a claimant (creditor) to place a lien on Real Property owned by another (debtor).

CALIFORNIA. A judgment and any lien created by an execution on the judgment expires ten years after the date of the entry of the judgment.

Do Judgments Expire in Texas? Judgments awarded in Texas to a non-government creditor are generally valid for ten years but can be renewed for longer.

An abstract judgment in real estate is commonly referred to as a property lien. It's a lien on any real estate one possesses in a specific county. This is distinct from any mortgage on the property that they may have taken out.

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North Dakota Release of Judgment Lien - Abstract of Judgment