Washington Partial Release of Lien is a document that is used to release a portion of an existing lien on real estate in the state of Washington. This document is usually used when a borrower has multiple loans against a single property, and needs to partially release the lien from one of the loans in order to refinance or to transfer a portion of the property's ownership. There are two types of Washington Partial Release of Lien: a Non-Judicial Partial Release, and a Judicial Partial Release. A Non-Judicial Partial Release is used when the borrower and the lender agree to the partial release of a lien. A Judicial Partial Release is used when a court order must be obtained to release a portion of the lien.
Washington Partial Release of Lien
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Partial Release of Lien
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FAQ
In the state of Washington, a judgment lien will remain attached to a person's property for ten years. The ability of a creditor to collect under a judgment lien can be affected by several factors.
Conditional Lien Release Washington State State law in Washington requires the property owner to sign and file a lien release upon receipt of the amount due or demand for the amount due. The property owner can pursue legal action for delivery of the lien release if the other party does not provide it voluntarily.
Non-holding states Once you pay off your loan, your lienholder will send you an official release of lien letter. You'll take that to your state BMV or DMV (or, in some cases, to your local city/town clerk's office) along with your current title and apply for an updated title.
Washington lien waivers do not need to be notarized.
In most instances, your lien holder will handle the removal of the lien from your vehicle title, but if they don't, you need to submit a completed Affidavit of Loss/Release of Interest/Gross Weight License (Form TD 420 040) with a notarized signature from your lien holder or the current vehicle title that is released
Petition the Washington State Superior Court or District Court. Petition the Washington State Superior Court or District Court.Bring to your local WA DOL office the following documents:File a complaint at your local Washington Department of Licensing office, if your lienholder is a Washington vehicle dealer.