A release of judgment lien refers to the legal process of removing a claim or encumbrance placed on a property by a judgment lien. When a creditor obtains a judgment against a debtor, they may file a lien against the debtor's property to secure the debt until it is repaid. However, under certain circumstances, the debtor may seek to have the judgment lien released to clear the property's title. This process is crucial in real estate transactions as it ensures that the property is free from any encumbrances, allowing for a smooth transfer of ownership. There are two main types of release of judgment liens: 1. Voluntary Release: This type of release occurs when the judgment creditor consents to release the lien voluntarily. This often happens when the debtor repays the debt in full, settles the debt through negotiation, or provides alternative collateral to secure the debt. The judgment creditor files a document, commonly known as a Release of Judgment Lien, in the county records' office where the judgment was filed. This document legally declares that the judgment lien is no longer valid, effectively releasing the property from the encumbrance. 2. Judicial Release: In some cases, the debtor may need to seek a judicial release of the judgment lien. This often occurs when the judgment creditor refuses to release the lien voluntarily or if there are disputes regarding the validity of the judgment or the amount owed. To obtain a judicial release, the debtor typically files a motion with the court, requesting the release of the judgment lien. The court will review the motion, evaluate the evidence presented, and make a ruling accordingly. In summary, a release of judgment lien is a legal process that removes an encumbrance placed on a property by a judgment lien. It ensures that the property's title is clear and free from any claims, allowing for a smooth transfer of ownership. The two main types of release of judgment liens are voluntary release and judicial release.