The Authority to Cancel form is a legal document that allows a lienholder to certify that an indebtedness has been satisfied and to direct the cancellation of a lien on a property. This form is essential to ensure that Texas property records accurately reflect that the lien has been removed. Unlike other forms related to liens, this document specifically focuses on the authority granted to cancel the lien once obligations have been fulfilled.
This form should be used when a lien on a property needs to be officially canceled, typically after the associated debt has been paid. Situations may include the completion of mortgage payments, payment of a contractor for completed work, or any other circumstance where a lien was placed due to an unpaid obligation that has now been resolved.
Yes, this form must be notarized to be legally valid. Notarization verifies the identity of the signer and confirms that the document was executed freely and willingly. US Legal Forms offers integrated online notarization services, available 24/7 through a secure video call, ensuring your document is legally equivalent to in-person notarization without the need for travel.
1 : the act or an instance of canceling The cancellation of the game was due to bad weather. 2 : something (such as a hotel room or a ticket) made available by the canceling of an arrangement was lucky to get a cancellation for the trip to Chicago.
Rescission is the voiding of a contract by a court that does not recognize it as legally binding. Courts can free non-liable parties from their agreed obligations and, when possible, effectively restore them to the position they were in before the contract was signed.
A contract is a legally enforceable agreement between two parties for goods or services.Terminating a contract means legally ending the contract before both parties have fulfilled their obligations under the terms of the contract. There are a variety of reasons why a party can terminate a contract.
1 at common law, an attempt to terminate a contract that can succeed only on terms agreed. A cancellation that is not agreed would result in an award of damages for breach of contract. See also ANTICIPATORY BREACH OF CONTRACT.
1. the act of revoking or state of being revoked; cancellation. 2. a. the cancellation or annulment of a legal instrument, esp a will.
To repeal something usually a law, ordinance or public policy is to take it back.The verb repeal comes from the Anglo-French word repeler, to call back. Repeal is almost always used in the context of law: When a government decides to get rid of an ordinance or law, that ordinance or law is repealed.
To repeal something usually a law, ordinance or public policy is to take it back.The verb repeal comes from the Anglo-French word repeler, to call back. Repeal is almost always used in the context of law: When a government decides to get rid of an ordinance or law, that ordinance or law is repealed.
1 : the act or an instance of canceling The cancellation of the game was due to bad weather. 2 : something (such as a hotel room or a ticket) made available by the canceling of an arrangement was lucky to get a cancellation for the trip to Chicago.
In contract law, the term null and void means the contract was never valid. Therefore, the contract has no legal effect. This is different from having a contract invalidated.