This is a form of a Partial Release of Judgment Lien.
Oklahoma Partial Release of Judgment Lien
Category:
State:
Multi-State
Control #:
US-OG-543
Format:
Word;
Rich Text
Instant download
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How to fill out Partial Release Of Judgment Lien?
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FAQ
1. Paying the Lien Amount. The most straightforward way to remove a lien from your property is to pay the outstanding debt or amount that led to the lien. This option is generally applicable for all lien types.
If the married couple or joint owners of a property do not have a tenancy by the entireties title, any lien can attach to the person's interest in the property. Whether it's judgment or confessed judgment, the lien will attach to the homeowner's interest, making the lienor a co-owner of the property.
The Office of Registrar of Deeds is vitally important to the ownership of real properties within Oklahoma County. It is the repository of all real property title and lien documents in the county and provides the historic record of ownership of each tract of land.
In Oklahoma it is crucial to keep in mind the (5) year statute of limitation on your judgment. After that period, if the judgment is not renewed, it cannot legally be recognized in a court of law and can no longer be renewed if renewal period has passed.
The Oklahoma mechanic's lien discharge bond must, "name the lien claimant as obligee and the party seeking the release as principal; be executed by both the principal and the surety; have a proper power of attorney attached if executed by an attorney-in-fact; be executed by a corporate surety authorized to transact ...
How does a creditor go about getting a judgment lien in Oklahoma? To attach the lien, the creditor files the Statement of Judgment with the county clerk in any Oklahoma county where the debtor has property now or may have property in the future.
How long does a judgment lien last in Oklahoma? A judgment lien in Oklahoma will remain attached to the debtor's property (even if the property changes hands) for five years.
Anyone who has filed a lien against a property in Oklahoma is required to file a lien release form with the county clerk's office where the lien was filed. It is important to note that lien releases must be filed in all counties where the lien was filed?not just the county where the property is located.