The Release of Lien Texas form is a legal document that signifies the removal of a lien from a property, acknowledging that the debt associated with that lien has been fully paid. This form is essential for property owners who want to clear their title and ensure that no further claims can be made against their property by the lienholder. If you need to fill out this important document, click the button below to get started!
The Release of Lien form in Texas is a crucial document that serves to formally acknowledge the satisfaction of a lien on a property. It is typically prepared by legal professionals and is intended for use by attorneys, ensuring that the process adheres to the state's legal standards. This form includes essential details such as the names of the borrower and lender, the original principal amount of the note, and the property description. By signing this document, the holder of the lien confirms that they have received full payment and, consequently, relinquishes their claim against the property. This release is not limited to just the lien in question; it also waives any rights to enforce the lien for future debts. The form must be acknowledged by a notary public, which adds an additional layer of authenticity and legal weight. Understanding the significance of this document is vital for property owners and lenders alike, as it ensures clarity and security in property transactions.
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When dealing with the Release Of Lien Texas form, it's essential to understand its purpose and how to fill it out correctly. Here are some key takeaways:
Understanding these key points can help ensure that the Release Of Lien Texas form is filled out and utilized correctly, ultimately protecting the interests of all parties involved.
Prepared by the State Bar of Texas for use by lawyers only.
E 1999 by the State Bar of Texas
RELEASE OF LIEN
Date:
Holder of Note and Lien:
Holder’s Mailing Address (including county):
Note
Original principal amount:
Borrower:
Lender:
Maturity date (optional):
Note and Lien Are Described in the Following Documents, Recorded in:
Property (including any improvements):
Holder of Note and Lien is the owner and holder of the Note and Lien described above.
Holder of Note and Lien acknowledges payment in full of the Note and releases the Property from the Lien and from all liens held by Holder of Note and Lien, without regard to how they were created or evidenced.
Holder of Note and Lien expressly waives and releases all present and future rights to establish or enforce the Lien as securi- ty for payment of any future or other indebtedness.
When the context requires, singular nouns and pronouns include the plural.
(Acknowledgment)
STATE OF TEXAS
COUNTY OF
This instrument was acknowledged before me on
,
by
.
Notary Public, State of Texas
Notary’s name (printed):
Notary’s commission expires:
(Corporate Acknowledgment)
of
a
corporation, on behalf of said corporation.
AFTER RECORDING RETURN TO:
PREPARED IN THE LAW OFFICE OF: