Certificate Of Discharge Form Withdrawal In Tarrant

• Category: Federal - IRS - Tax Liens
• State: Multi-State
• County: Tarrant
• Control #: US-00110
• Format: Word; Rich Text

Description

The Certificate of Discharge Form Withdrawal in Tarrant is a critical legal document that allows a taxpayer to request the discharge of property from a federal tax lien under section 6325 of the Internal Revenue Code. This form is necessary when a taxpayer aims to transfer or sell property without the encumbrance of the lien, making it essential for real estate transactions and other financial dealings. Key features of the form include the requirement for a detailed description of the property, a list of encumbrances, and justification of the taxpayer's divestment of interest in the property. Users must also demonstrate the value of the property, either through appraisals or sales documentation, and provide contact information for all parties involved. Filling out the form requires careful attention to detail and compliance with the information requested by the District Director. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants managing property matters, as it facilitates the release of liens that could otherwise impede transactions. Understanding this form's nuances can greatly assist legal professionals in representing clients effectively and ensuring compliance with federal requirements.