This form is a release of a deed of trust lien. Grantor executed and delivered a deed of trust to the trustee for the lienholder. The lienholder has agreed to release the property from the lien of the deed of trust and discharge all right and title to the property.
The Texas Release of Lien Real Property Form is a crucial document used in real estate transactions to release a lien on a property. When a property owner pays off a debt or satisfies a lien, the party holding the lien is required to release it, ensuring that the property is free and clear of any encumbrances. This form is specifically designed for use in Texas and follows the state's legal requirements. The Texas Release of Lien Real Property Form serves as a legal record and provides details such as the property owner's and lien holder's names, the property's legal description, the original lien's recording information, and the amount of the debt that has been fully settled. By completing and filing this form with the county clerk's office where the property is located, the lien holder releases their legal claim on the property. There are various types of Texas Release of Lien Real Property Forms for real estate, depending on the specific type of lien being released. Some common types include: 1. Texas Mechanics Lien Release Form: This form is used when a contractor, subcontractor, or supplier of materials has filed a mechanics lien against the property due to unpaid work or materials related to construction or improvements made on the property. 2. Texas Mortgage Lien Release Form: When a property owner successfully pays off their mortgage loan, the mortgage lender must file a Mortgage Lien Release Form to release their claim on the property. 3. Texas Judgment Lien Release Form: If a property has been subjected to a judgment lien resulting from a lawsuit, this form is used by the judgment creditor to release their claim on the property once the debt is satisfied. 4. Texas Tax Lien Release Form: This form is used to release a tax lien placed on a property by the government or tax authorities when the property owner pays their outstanding tax obligations. These are just a few examples, as there may be other types of liens specific to different situations. Using the appropriate Texas Release of Lien Real Property Form is crucial to ensure compliance with state regulations and to protect the rights of all parties involved in a real estate transaction. It is advisable to consult with a qualified real estate attorney or seek professional advice to ensure the correct form is selected and completed accurately.
