Title: Tennessee Release of Judgment Lien: Understanding the Process and Types Introduction: In Tennessee, a judgment lien can be placed on a property by a creditor to secure payment for a debt owed by the property owner. However, under certain circumstances, the property owner may seek a release of judgment lien. This article aims to provide a detailed description of the Tennessee Release of Judgment Lien process, its significance, and the various types that exist. 1. Understanding the Release of Judgment Lien: The Tennessee Release of Judgment Lien is a legal process that allows a property owner to remove a judgment lien from their property title. This process is crucial as it helps property owners regain control over their property by clearing the encumbrance created by the judgment lien. By removing the lien, property owners improve their ability to sell or refinance the property. 2. Common Reasons for Seeking Release: a. Full Payment: Property owners who have fully satisfied the judgment amount owed may petition for a release of judgment lien. This typically requires providing proof of payment or fulfillment of the judgment's terms. b. Settlement Agreement: If the creditor agrees to release the judgment lien following the settlement of the debt outside of court, the property owner may seek a release by providing evidence of the settlement agreement. c. Expiration of Statute of Limitations: If the creditor fails to renew the judgment lien within ten years in Tennessee, property owners can request a release based on the statute of limitations. 3. Tennessee Release of Judgment Lien Types: a. Partial Release: In cases where the property's value exceeds the judgment amount owed, property owners can request the creditor to issue a partial release of the judgment lien. This allows property owners to sell or finance a percentage of the property while the remaining portion remains encumbered by the lien. b. Full Release: A full release of judgment lien completely removes the lien from the property title, restoring the property owner's complete ownership rights. This is typically sought when the judgment amount has been fully satisfied or the lien has expired due to the statute of limitations. c. Release of Lien in Error: If a judgment lien was incorrectly placed on a property, the property owner can request a release of lien in error. This could occur due to mistaken identity, procedural errors, or when the debt was already paid before the judgment lien was filed. Conclusion: In Tennessee, the Release of Judgment Lien process is crucial for property owners seeking to regain control over their property or resolve disputes related to judgment liens. Whether looking for a partial release, full release, or release in error, property owners must follow the appropriate steps and provide relevant supporting documentation as required by the Tennessee laws to effectively have the judgment lien removed from their property title.