A Massachusetts Release of Judgment Lien — Full Release refers to a legal document that effectively releases a judgment lien placed on a property. When a person or entity obtains a judgment against another party in Massachusetts, they may place a lien on the debtor's property to secure the debt. However, once the debt is paid in full or the judgment is no longer enforceable, the creditor must release the lien. In Massachusetts, there are different types of releases of judgment lien, including: 1. Full Release: A Full Release is the most common type of release of judgment lien in Massachusetts. It completely extinguishes the lien and removes any encumbrances on the property. Once a Full Release is recorded with the Registry of Deeds, the debtor's property is free from the judgment lien. 2. Partial Release: In some cases, a creditor may agree to release a portion of the judgment lien upon receiving a partial payment from the debtor. A Partial Release reduces the lien amount but does not fully release it. The remaining lien will continue to encumber the property until it is paid off or further action is taken. 3. Conditional Release: A Conditional Release may be issued when the creditor agrees to release the judgment lien on the condition that specific requirements are met. For example, the release may be conditional upon the debtor making regular installment payments or fulfilling certain obligations outlined in a negotiated agreement. Regardless of the type of release, it is crucial to record the release with the appropriate Registry of Deeds to ensure its legal effectiveness. Failing to record the release may result in complications when attempting to sell or refinance the property in the future. In Massachusetts, the process of obtaining a release of a judgment lien begins with the creditor initiating the release by drafting a release document. This document should include necessary details such as the parties involved, the original judgment amount, the property description, and the recording information of the original judgment. Once the release is executed and notarized, it must be filed with the Registry of Deeds where the judgment lien was originally recorded. In conclusion, a Massachusetts Release of Judgment Lien — Full Release is a legal document that releases a judgment lien on a property. It is essential for creditors and debtors to understand the different types of releases, such as Full Release, Partial Release, and Conditional Release, to properly handle the satisfaction of the judgment lien. By following the appropriate steps and recording the release with the Registry of Deeds, both parties can ensure that the judgment lien is legally released, allowing the debtor to regain full ownership and control of their property.