A New Mexico Release of Judgment Lien — Full Release is a legal document used to officially remove a judgment lien filed against a property in the state of New Mexico. This document is crucial for individuals or entities seeking to clear their property title from any encumbrances caused by a previously filed judgment lien. In New Mexico, there are two types of Full Release of Judgment Liens: 1. Voluntary Release: This type of release occurs when the judgment creditor voluntarily chooses to release the judgment lien. It can be initiated by the judgment creditor upon receiving payment or through negotiations between the judgment creditor and the debtor. Once executed, the Voluntary Release of Judgment Lien must be properly recorded with the respective county recording office to ensure the lien is removed from the property title. 2. Court Order: When a judgment debtor successfully satisfies the judgment debt or fulfills the court's requirements, they can request a Court Order to release the judgment lien. This court-issued document serves as an official declaration that the judgment lien has been fully satisfied and can be released. Similar to the Voluntary Release, the Court Order must be filed and recorded with the county recording office. Key elements commonly found in a New Mexico Release of Judgment Lien — Full Release include: 1. Parties Involved: The full legal names and addresses of both the judgment creditor (the party who filed the lien) and the judgment debtor (the property owner). 2. Description of the Judgment Lien: Accurate details about the judgment lien, such as the case number, court name, and the date the judgment was entered. 3. Property Information: A complete description of the property affected by the judgment lien, including its legal description, address, and county. 4. Release Statement: A clear and concise statement indicating that the judgment creditor releases and waives any and all claims to the judgment lien, thereby removing all encumbrances from the property. 5. Signatures and Notarization: The document should be signed by the judgment creditor and notarized to ensure its validity and authenticity. 6. Recording Information: A section dedicated to noting the details of the document's recording, including the county, date, and recording office information. It is crucial to consult with an attorney or seek professional advice when drafting or utilizing a New Mexico Release of Judgment Lien — Full Release to ensure compliance with state laws and to properly clear the title of any encumbrances.
New Mexico Release of Judgment Lien - Full Release
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How to fill out Release Of Judgment Lien - Full Release?
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Information you'll need for your Texas lien form It's an affidavit: Verify & sign. ... Amount of the claim. ... Name & address of the owner. ... Name & address of ?original contractor? & person that hired you. ... Description of your work and/or materials (by month) ... Property description. ... Your name & address.
The purpose of the Lien Protection Efficiency Act is to provide for the efficient filing and recording of documents and the protection of public officials and employees and the citizens of the state against nonconsensual common law liens by imposing limitations on the circumstances in which nonconsensual common law ...
How does a creditor go about getting a judgment lien in New Mexico? To properly attach the lien, the creditor files the judgment with the county clerk in any New Mexico county where the debtor owns property now or may own property in the future.
The lien must be signed and verified under oath (notarized). Once completed, a lien should be filed and recorded with the county recorder's office in the county where the property is located. You are not required to serve the lien upon the property owner, as filing the lien is considered sufficient notice under NM law.
New Mexico mechanics' liens filed by persons that have a contract directly with the owner must be filed within 120 days of the completion of the contract. All other potential New Mexico mechanics lien claimants have 90 days after completion of the Project to file a New Mexico mechanics lien.
NEW MEXICO A judgment is a lien on the real estate of the judgment debtor and expires after fourteen years.
How does a creditor go about getting a judgment lien in New Mexico? To properly attach the lien, the creditor files the judgment with the county clerk in any New Mexico county where the debtor owns property now or may own property in the future.
A lienholder will only remove a lien after the loan debt has been paid off. After the loan has been paid off, the lienholder will send you one of the following: A completed ?Release of Lien? form, on Motor Vehicle Division (?MVD?) of New Mexico letterhead. A completed ?Release of Lien? section on the vehicle title.