Utah Notice of Satisfaction of Bail Bond Lien on Real Estate is a legal document filed to release a lien placed on a property due to a bail bond. When an individual is charged with a crime, they may seek release from jail by providing a bail bond. This bond is usually secured using real estate as collateral. Until the bond is satisfied, a lien is placed on the property. Keywords: Utah, Notice of Satisfaction, Bail Bond Lien, Real Estate, legal document, release, property, collateral, lien. Types of Utah Notice of Satisfaction of Bail Bond Lien on Real Estate: 1. Partial Satisfaction: This type is used when a portion of the bail bond lien on the property has been paid off or released. It acknowledges the reduction in the lien amount and updates the status of the bond. 2. Full Satisfaction: This type of notice is filed when the entire bail bond lien on the real estate has been fully satisfied and cleared. It releases the lien from the property, indicating that the bond has been fulfilled. 3. Release of Lien: This variant of the notice is submitted when the bail bond lien on the property is being released before its scheduled expiration date. It may occur due to various reasons, such as the case being dismissed, the bond being discharged, or the bond being replaced with an alternative form of security. 4. Extinguishment of Lien: This type of notice is applicable when the bail bond lien on the property is terminated and no longer exists. It signifies the complete elimination of the lien, indicating that the bond is no longer a liability on the property. 5. Notice of Lien Assignment: In some cases, the bail bond lien placed on the real estate may be assigned or transferred to another party, such as a different surety or bonding company. This notice informs interested parties about the change in lien holder. Keywords: Partial Satisfaction, Full Satisfaction, Release of Lien, Extinguishment of Lien, Notice of Lien Assignment.
Utah Notice of Satisfaction of Bail Bond Lien on Real Estate
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How to fill out Notice Of Satisfaction Of Bail Bond Lien On Real Estate?
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FAQ
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
A judgment creditor is a person or entity to whom an amount of money is owed due to a judgment that has not been paid or executed.
Partial satisfaction means that part, but not all, of the judgment has been paid. Satisfaction of a judgment means that the judgment is no longer a lien on the debtor's real property.
"Satisfaction of a judgment," which is governed by URCP 58B, means that the debtor has paid the entire amount of the judgment and all accumulated fees, costs and interest, or that the creditor has decided not to pursue further collection efforts.
(c) The acknowledgment of satisfaction of judgment shall be executed and acknowledged by one of the following: (1) The judgment creditor. (2) The assignee of record. (3) The attorney for the judgment creditor or assignee of record unless a revocation of the attorney's authority is filed.
Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.
If the court determines that the judgment has been partially satisfied and that the judgment creditor has not complied with the demand, the court shall make an order determining the amount of the partial satisfaction and may make an order requiring the judgment creditor to comply with the demand.
What is Acknowledgement of satisfaction of judgment Colorado? A satisfaction of judgment is a legal document signed by a creditor, and docHubd, docHubing that a debtor has paid the money he owed a creditor in full. A satisfaction of judgment is then filed, usually by the creditor, with the court.
