New Mexico Release of Lien

State:
Multi-State
Control #:
US-01775-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of a lien. The form provides that the lienholder chooses to release a certain parcel of property and the owner from all liability arising from the labor performed and materials furnished by the lienholder under the terms of a contract mentioned in the document.

How to fill out Release Of Lien?

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FAQ

About New Mexico Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.

New Mexico provides mechanics lien protection to ?every person performing labor upon, providing or hauling equipment, tools or machinery for or furnishing materials to be used in the construction, alteration or repair of? a construction project. Protection in New Mexico is fairly broad.

TO COMPLETE THE NOTICE OF VEHICLE SOLD BY MAIL: Please complete and print the Notice of Vehicle Sold Form. Mail the completed form to: Motor Vehicle Division. Attn: Sold Unit. P.O. Box 1028. Santa Fe, NM 87504-1028.

After the vehicle is sold, you need to file a Notice of Vehicle Sold which is form MVD-10048. For more information, visit the New Mexico MVD website. New Mexico provides this list of vehicle forms if you are looking for something which isn't listed above.

Selling a Car: Remove the old license plate ? New Mexico is a ?Vehicle Plate to Owner? state. ... File a Notice of Vehicle Sold form with MVD. Keep the VIN number of the vehicle you sell. Fill out Bill of Sale form and file with MVD. Sign over Certificate of Title and Odometer Disclosure statement ? keep copies of both.

A lienholder will only remove a lien after the loan debt has been paid off. After the loan has been paid off, the lienholder will send you one of the following: A completed ?Release of Lien? form, on Motor Vehicle Division (?MVD?) of New Mexico letterhead. A completed ?Release of Lien? section on the vehicle title.

To complete the vehicle registration process, buyers must provide a: Vehicle title. Bill of sale (if Assignment of Title or Dealer Assignment is not on the back of the title) Application for New Mexico Title (MVD 10002)

If you're leaving The Land of Enchantment permanently, you may cancel your registration at any Motor Vehicle Division (MVD) office, or by mail: Motor Vehicle Division. Joseph Montoya Building. P.O. Box 1028.

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New Mexico Release of Lien