Washington Release of Liens for Vendor's Lien and Deed of Trust Lien
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How to fill out Release Of Liens For Vendor's Lien And Deed Of Trust Lien?
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FAQ
Senior liens are those with the highest priority (often, but not always, the first lien recorded on a property), to be paid back in full before other liens are paid.
?Upon payment and acceptance of the amount due to the lien claimant and upon demand of the owner or the person making payment, the lien claimant shall immediately prepare and execute a release of all lien rights for which payment has been made, and deliver the release to the person making payment.
Mechanics' and materialmen's liens. Chattel liens. Personal property liens?Summary foreclosure. Crop liens.
The kind of liens that can directly affect your personal property include mortgage, judgment, attachment, estate tax, Federal tax, bail bond, municipal utility and vendor's liens but can also include corporate franchise tax (if you own a business), mechanic's or vendee's (if you work in the building industry).
If any supplier of materials, a worker or subcontractor is not paid, a lien may be filed against your property to force you to pay the debt. You could end up paying twice for the same work. Or worse, an unpaid lien could lead to foreclosure on your home.
You must file the lien foreclosure action in a court that has jurisdiction over the property where you supplied materials or work. You will likely need to consult an attorney to file a foreclosure action. Such actions are expensive and time-intensive so make every effort to settle the matter first!
In the state of Washington, a judgment lien will remain attached to a person's property for ten years. The ability of a creditor to collect under a judgment lien can be affected by several factors.
If the lienholder is out of business Petition a Washington State superior court or district court to have us remove the lienholder and issue you a clear title. You'll need to show the court proof that you've paid the lienholder in full.
