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.
Release of Judgment Lien
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Description
Definition and meaning
The Release of Judgment Lien is a legal document that serves to officially remove a lien placed against an individual's property due to a court judgment. A lien is a legal right or interest that a creditor has in the debtor's property, granted until a debt obligation is satisfied. This release indicates that the creditor acknowledges that the debt has been paid or settled and that the lien is no longer valid.
How to complete a form
Completing a Release of Judgment Lien involves filling in specific details accurately to ensure legal validity. Follow these steps:
- Enter the name and address of the judgment creditor.
- Provide the name and address of the judgment debtor.
- Fill in the judgment date, cause number, and style of the case.
- Include the court where the judgment was filed.
- Add the abstract of judgment recording information.
- Sign and date the document to confirm the release.
Who should use this form
The Release of Judgment Lien is intended for individuals or entities who have previously filed a judgment lien against a debtor's property. This form should be used once the debt has been paid or settled to officially lift the lien, allowing the debtor to clear their title to the property.
Key components of the form
The essential components of the Release of Judgment Lien include:
- Name and address of the judgment creditor and debtor.
- Details of the original judgment, including date, cause number, and court.
- Statement acknowledging the satisfaction of the judgment.
- Signature of the judgment creditor.
- Acknowledgment section for notarization.
What to expect during notarization or witnessing
When notarizing the Release of Judgment Lien, the judgment creditor must present valid identification to the notary. The notary will verify the identity, witness the signing of the document, and affix their official seal. It's important to complete this step to ensure the document's legality.
How to fill out Release Of Judgment Lien?
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FAQ
In most cases, getting a judgment release will require you to pay off the debt, including any interest and court costs. Once the final payment is received by the lender, they will issue the judgement release. It is also possible to get a judgement released by making special arrangements with the lender.
If the judgment creditor does not immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) when the judgment is satisfied, the judgment debtor may make a formal written demand for the creditor to do so. The judgment creditor has 15 days after receiving the debtor's request to serve the acknowledgement.
Request the court to validate the judgment. Verify information provided from the court. Dispute any inaccuracies found. Consider professional help.
In order to vacate a judgment in California, You must file a motion with the court asking the judge to vacate or set aside the judgment. Among other things, you must tell the judge why you did not respond to the lawsuit (this can be done by written declaration).
The debtor must get a discharge or release of the abstract of judgment to remove the lien from the home. Contact the judgment creditor shown on the abstract. Arrange to pay the debt in full or negotiate payments. Ask the creditor for a discharge if paying in full.
