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When it comes to real estate transactions in Texas, the Release of Lien form plays a critical role in clearing the title of a property, ensuring that it can be transferred free of any liens. Prepared by the State Bar of Texas, this document is specifically designed for legal professionals to use.
Download a free Release of Lien form to cancel or discharge a mechanics lien in Texas. A lien release removes a claim from the property title. Levelset visitors can also get a free Procore account.
Prescribed Form for Release of Lien (Form VTR-266) Instructions. A release of a lien may be executed in the lien release section located on the front of the certificate of title, on this form, or on the lienholder’s letterhead.
A lien release form of real estate is a legal document that removes a lien from a property after settling payments. It must normally be filed with a government entity that maintains the lien records, such as the county registry of deeds.
Texas Release of Lien. Select County Where the Property is Located. After completing payments on the promissory note connected to a deed of trust, the lender completes this release of lien form.
This article addresses procedures available to secure the release of the following types of liens. Invalid mechanic's and materialman's liens, judgment liens, child support liens, fraudulent liens.
This document is crucial for individuals or businesses looking to clear their property from any encumbrances or debts. The Texas Release of Lien is commonly used to free a property or vehicle from a lien created by a mortgage, mechanic's lien, judgment lien, or other types of liens.