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Notice of Satisfaction of Bail Bond Lien on Real Estate

Virginia Notice of Satisfaction of Bail Bond Lien on Real Estate

Name: Virginia Notice of Satisfaction of Bail Bond Lien on Real Estate
Brand: US Legal Forms
Rating: 4.82 (423 reviews)

Category:

Criminal - Bail

State:

Multi-State

Control #:

US-00991-BZ

Format:

Instant download

Description

This form is a Notice of Satisfaction of Bail Bond Lien on Real Estate. To be filed by the lienholder when lien is satisfied. Adapt to fit your circumstances. A Virginia Notice of Satisfaction of Bail Bond Lien on Real Estate is a legal document that acknowledges the full repayment or discharge of a bail bond lien on a property. This notice serves as proof that the lien has been satisfied and releases any claim or interest on the property held by the bail bond company. In Virginia, there are three main types of Notice of Satisfaction of Bail Bond Lien on Real Estate: 1. Voluntary Satisfaction: This type of notice is provided by the bail bond company when the defendant fulfills their obligations or the court case is resolved, resulting in the release of the lien on the property. It indicates that the bail bond company acknowledges the repayment in full and clears any claim on the real estate. 2. Exoneration by Court: When a court exonerates a bail bond lien on real estate, usually due to the successful completion of the defendant's court proceedings or the case being dismissed, a Notice of Satisfaction of Bail Bond Lien on Real Estate is issued by the court itself. This official notice states the exoneration and clears the property from any claim from the bail bond company. 3. Unlawful Detained: In certain cases, if a tenant fails to pay rent or violates the lease agreement, a landlord can secure a bail bond against the tenant's property. If the tenant pays off the monetary obligations or resolves the issue, the landlord can file a Notice of Satisfaction of Bail Bond Lien on Real Estate. This notice releases the lien, acknowledges the debt has been settled, and removes any encumbrance on the property. These notices play a crucial role in documenting the release of a bail bond lien on real estate in Virginia. By filing the appropriate notice, the bail bond company, court, or landlord ensures the property is free from any claim associated with the bail bond, providing peace of mind to the property owner and removing any potential obstacles in the future.

A Virginia Notice of Satisfaction of Bail Bond Lien on Real Estate is a legal document that acknowledges the full repayment or discharge of a bail bond lien on a property. This notice serves as proof that the lien has been satisfied and releases any claim or interest on the property held by the bail bond company. In Virginia, there are three main types of Notice of Satisfaction of Bail Bond Lien on Real Estate: 1. Voluntary Satisfaction: This type of notice is provided by the bail bond company when the defendant fulfills their obligations or the court case is resolved, resulting in the release of the lien on the property. It indicates that the bail bond company acknowledges the repayment in full and clears any claim on the real estate. 2. Exoneration by Court: When a court exonerates a bail bond lien on real estate, usually due to the successful completion of the defendant's court proceedings or the case being dismissed, a Notice of Satisfaction of Bail Bond Lien on Real Estate is issued by the court itself. This official notice states the exoneration and clears the property from any claim from the bail bond company. 3. Unlawful Detained: In certain cases, if a tenant fails to pay rent or violates the lease agreement, a landlord can secure a bail bond against the tenant's property. If the tenant pays off the monetary obligations or resolves the issue, the landlord can file a Notice of Satisfaction of Bail Bond Lien on Real Estate. This notice releases the lien, acknowledges the debt has been settled, and removes any encumbrance on the property. These notices play a crucial role in documenting the release of a bail bond lien on real estate in Virginia. By filing the appropriate notice, the bail bond company, court, or landlord ensures the property is free from any claim associated with the bail bond, providing peace of mind to the property owner and removing any potential obstacles in the future.

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How to fill out Virginia Notice Of Satisfaction Of Bail Bond Lien On Real Estate?

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Judgment Liens: State Va. Code §8.01-458 and 8.01-251 Expire 20 years from date entered, and may be renewed for an additional 20 years *** If real estate has been conveyed to a BFP, the lien is unenforceable 10 years after date of transfer. Known as ?10 year out of title? rule.

The judgment you obtained is good for 10 years from the date of judgment. However, you can extend the collection period for another 10 years twice, meaning you have up to 30 years to collect the money for the judgment from the judgment debtor.

The statute of limitations that applies to most warrant in debt cases in Virginia is either 3 or 5 years. This usually depends on whether an original signed agreement can be produced or not. It use to be common that individuals would object to debts purchased by other debt collectors.

Upon satisfaction of a judgment, creditor must file a release of judgment (Virginia Code § 8.01-454). Creditor or their legal representative shall draft a satisfaction or complete CC-1463/Authorization for Entry of Satisfaction of Judgment and /or Release of Judgment Lien (PDF).

As to actions in general district courts, a motion objecting to venue, which may be in the form of a letter or other written communication, shall be filed with or received by the court on or before the day of trial. Waiver by any defendant shall not constitute waiver for any other defendant entitled to object to venue.

A civil action in a general district court may be brought by warrant directed to the sheriff or to any other person authorized to serve process in such county or city, requiring the person against whom the claim is asserted to appear before the court on a certain day, not exceeding sixty days from the date of service ...

Most misdemeanors in Virginia have a one-year time limit, including minor assault and battery and certain theft charges. However, Virginia is unique in that it does not have a statute of limitations for most felonies.

In Virginia, there is a statute of limitations, also known as the length of time debt collectors have to recover the unpaid debt. In a written contract, debt collectors generally have a five-year period to try and collect or take legal action. However, a three-year period applies for oral contracts.

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This form is designed to be used whenever a surety is pledging real estate and the person taking bond needs to know what is the net equity of the surety in the ... ... deed of trust or other lien, do hereby certify that the same has/have been paid in full, and the lien therein created and retained is hereby released.An affidavit by the property bail bondsman applicant that states, to the best of such person's knowledge, the amount of equity in the real estate, and the ... B. If the plaintiff seeks only pretrial levy on property and a bond with approved surety or cash bond is posted, the amount of the bond shall be at least the ... All prior liens and lines of credit must be closed, with a copy of acknowledgment from the lender holding any such lien, along with a certification by the ... Counsel for defendant or the titled property owner(s) must file a certified copy of the bail bond with the. Recorder of Deeds and the Prothonotary of the ... The court or justice may require that justification of surety be furnished. The assessed value of the real property as shown on the county land books over and ... Apr 1, 2023 — The applicant shall submit the following declaration with the Title. Certificate for Bond: “In the event this application is granted, the ... c. If you had a bail bond forfeited, provide the name, address and phone number of an official to contact who would have knowledge of the forfeiture:. How do I satisfy a secure bond with real property? You must show that you own the real property and have equity worth at least the amount of the bond.

Virginia Notice of Satisfaction of Bail Bond Lien on Real Estate

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