Utah Partial Release of Lien on Assigned Overriding Royalty Interest

State:
Multi-State
Control #:
US-OG-406
Format:
Word; 
Rich Text
Instant download

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/ Grantor's Assignee all of Lienholder's rights, claims, and liens under the Mortgage/Deed of Trust in and to an undivided overriding royalty interest.

How to fill out Partial Release Of Lien On Assigned Overriding Royalty Interest?

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FAQ

Removing a Lien Pay the full balance of the tax, penalty and interest. When the outstanding tax, penalty and interest have been paid, the lien will be withdrawn.

If someone believes a wrongful lien has been placed on their real property, they can ask the court for an injunction to remove or "nullify" the lien by filing a petition.

A judgment lien in Utah will remain attached to the debtor's property (even if the property changes hands) for eight years.

My Property Has a Lien ? Now What? Pay Off the Lien ? Once you determine that the lien is valid, the simplest method for removing it is to pay it off. ... Request a Release-of-Lien Form ? After paying off the balance of your debt in full, the creditor will file a release-of-lien form.

Specify the property or asset that was subject to the lien. Include details such as the address, make and model (if applicable), and any other relevant identifying information. Clearly state the reason for the lien release. This could be due to payment in full, a change in ownership, or any other applicable reason.

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Utah Partial Release of Lien on Assigned Overriding Royalty Interest