Ohio 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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How to fill out Release Of Judgment Lien - Abstract Of Judgment?

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FAQ

To do this, fill out an EJ-001 Abstract of Judgment form and take it to the clerk's office. After the clerk stamps it, record it at the County Recorder's Office in the county where the property is located. Place a lien on a business.

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.

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

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.

The easy definition is that a judgment is an official decision rendered by the court with regard to a civil matter. A judgment lien, sometimes referred to as an ?abstract of judgment,? is an involuntary lien that is filed to give constructive notice and is to attach to the Judgment Debtor's property and/or assets.

Once the state liens are paid, you will receive a Lien Satisfaction Notice from the Ohio Attorney General's office. To release the lien, you are to bring the notice to the Clerk's office.

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).

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Ohio Release of Judgment Lien - Abstract of Judgment