Illinois Release of Judgment Lien - Full Release

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-1113
• Format: Word; Rich Text

Description

Release of Judgment Lien - Full Release Illinois Release of Judgment Lien — Full Release is a legal document that serves as a formal record of the release of a judgment lien on real estate property in the state of Illinois. When a person obtains a judgment against another party and places a lien on their property, they have the option to release that lien upon satisfaction of the judgment. This full release ensures that the lien is completely removed, freeing the property from any encumbrances related to the judgment. The Illinois Release of Judgment Lien — Full Release includes various essential details, such as the names and contact information of both the judgment creditor (the party who filed the judgment) and the judgment debtor (the party against whom the judgment was filed). Additionally, the document specifies the case number, court where the judgment was obtained, and the date of the judgment. The primary purpose of the Illinois Release of Judgment Lien — Full Release is to provide legal evidence that the judgment lien has been released in its entirety. This document protects the rights of the property owner from any future claims related to the judgment and ensures a clear title. It enables the property owner to sell, refinance, or transfer the property without any restrictions or encumbrances. There are no specific types of Illinois Release of Judgment Lien — Full Release as this document generally follows a standardized format. However, it can be tailored to specific cases or situations, making it necessary to include accurate and relevant information specific to the judgment lien being released. This ensures compliance with Illinois state laws and the unique circumstances of the judgment in question. To create an Illinois Release of Judgment Lien — Full Release, it is recommended to consult with an attorney to ensure accuracy and adherence to legal requirements. Professional legal advice can help ensure the proper completion and recording of the release, providing peace of mind for both the judgment creditor and the judgment debtor. By properly executing this document, all parties involved can proceed with confidence knowing that the judgment lien has been fully released in Illinois.

Illinois Release of Judgment Lien — Full Release is a legal document that serves as a formal record of the release of a judgment lien on real estate property in the state of Illinois. When a person obtains a judgment against another party and places a lien on their property, they have the option to release that lien upon satisfaction of the judgment. This full release ensures that the lien is completely removed, freeing the property from any encumbrances related to the judgment. The Illinois Release of Judgment Lien — Full Release includes various essential details, such as the names and contact information of both the judgment creditor (the party who filed the judgment) and the judgment debtor (the party against whom the judgment was filed). Additionally, the document specifies the case number, court where the judgment was obtained, and the date of the judgment. The primary purpose of the Illinois Release of Judgment Lien — Full Release is to provide legal evidence that the judgment lien has been released in its entirety. This document protects the rights of the property owner from any future claims related to the judgment and ensures a clear title. It enables the property owner to sell, refinance, or transfer the property without any restrictions or encumbrances. There are no specific types of Illinois Release of Judgment Lien — Full Release as this document generally follows a standardized format. However, it can be tailored to specific cases or situations, making it necessary to include accurate and relevant information specific to the judgment lien being released. This ensures compliance with Illinois state laws and the unique circumstances of the judgment in question. To create an Illinois Release of Judgment Lien — Full Release, it is recommended to consult with an attorney to ensure accuracy and adherence to legal requirements. Professional legal advice can help ensure the proper completion and recording of the release, providing peace of mind for both the judgment creditor and the judgment debtor. By properly executing this document, all parties involved can proceed with confidence knowing that the judgment lien has been fully released in Illinois.