Fill in a Valid Release Of Lien Texas Form Get Your Release Of Lien Texas Now

Fill in a Valid Release Of Lien Texas Form

The Release of Lien Texas form is a legal document that signifies the removal of a lien on a property, indicating that the debt associated with the lien has been fully paid. By using this form, the holder of the lien formally acknowledges the payment and relinquishes any rights to enforce the lien in the future. Understanding this process is essential for both borrowers and lenders to ensure clear property ownership and financial obligations.

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Common PDF Templates

Example - Release Of Lien Texas Form

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

Date:

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)

STATE OF TEXAS

 

 

COUNTY OF

 

 

This instrument was acknowledged before me on

,

by

,

of

 

 

a

 

corporation, on behalf of said corporation.

 

 

 

 

Notary Public, State of Texas

 

Notary’s name (printed):

 

Notary’s commission expires:

AFTER RECORDING RETURN TO:

PREPARED IN THE LAW OFFICE OF:

Documents used along the form

When dealing with the Release of Lien in Texas, several other forms and documents often accompany it to ensure a smooth transaction. Each of these documents serves a specific purpose in the process of securing or releasing liens on property. Below is a list of commonly used forms that you may encounter.

  • Promissory Note: This document outlines the terms of a loan between the borrower and lender, including the amount borrowed, interest rate, and repayment schedule. It serves as evidence of the debt.
  • California Residential Lease Agreement: This form is essential for outlining tenant and landlord responsibilities, including important details about payment and maintenance. For assistance in filling out this document, refer to California PDF Forms.
  • Deed of Trust: A legal document that secures a loan by transferring the title of the property to a trustee until the debt is paid off. It protects the lender's interest in the property.
  • Notice of Lien: This form is filed to formally notify the public that a lien exists on the property. It includes details about the debt and the property involved, ensuring transparency.
  • Release of Mortgage: Similar to the Release of Lien, this document is used to formally remove a mortgage from the public record once the borrower has fulfilled their obligations.
  • Subordination Agreement: This agreement allows a new loan to take priority over an existing lien. It is often used when refinancing or taking out additional loans on the property.
  • Affidavit of Payment: A sworn statement confirming that all debts associated with the lien have been paid. This document can help clarify any disputes regarding the payment status.
  • Property Title Search: A report that details the ownership history of a property, including any existing liens or encumbrances. It is crucial for understanding the property’s legal standing.

Understanding these documents can greatly assist in navigating the complexities of property transactions in Texas. Each form plays a vital role in ensuring that all parties are protected and that the process is transparent and legally sound.