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Form #597

Real Estate Lien Release

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 Real Estate Lien Release

 

STATE OF __________

COUNTY OF _________

 

__________________________________, referred to as HOLDER, is the owner of that certain Deed of Trust, executed by _____________________, acknowledges payment in full of the same, which was recorded at _________________Book, page ___ of the ________ County, State of _________, and consents to the release of the property from the lien and satisfaction of the Deed of Trust on the record.

 

Dated: ________________________

 

 

___________________________________________

Signatory

 

__________________________________, having being duly sworn to tell the truth, acknowledges the execution of this release of Deed of Trust for the purposes stated herein.

 

 

__________________________________________

Notary

 

My commission expires: ___________________

 

 

 

 

 

 



 
Contributed by
FastDue.com
 
Name of Firm FastDue.com
Location Fairfield, Iowa, United States
Total Forms Contributed 74
Phone 641-209-1761
Website http://fastdue.com
Email
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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Comments

submitted 12/7/2008
by DavidMarshall  

"There are two different kinds of lien. When you are borrowing money or taking on certain types of obligation, many lenders or parties to the agreement ask for security. There are several different ways in which this can be achieved. A lien is given through a Deed of Trust by the owner of property to the other party to the agreement (called the lienee). If the owner defaults, the property is surrendered to the lienee who sells it to recover the amount owing or to satisfy the obligation. If the owner fulfils the obligation, the lienee must surrender the lien by using a legal form like this. The lien is registered against the title in the local state register and must be discharged before the owner can sell the land or use it as security for some other transaction. For completeness, a lien can also be imposed by operation of law, e.g. by the IRS for unpaid taxes, your attorney for unpaid bills, etc. To establish priority against other creditors, the lien must be registered at the local office."
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Keywords: Real Estate, Lien, Release, legal forms

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