Frisco Texas Request for Release of Lien - Corporation

State:
Texas
City:
Frisco
Control #:
TX-017A-09
Format:
Word; 
Rich Text
Instant download

Description

This Request for Release of Lien form is for use by a corporate owner, original contractor or other entity which has made a payment or satisfied a debt for labor and/or materials provided for the improvement of property to request that the person who furnished such labor and/or materials furnish a release of the indebtedness of any lien claimed on the property to the extent that the indebtedness has been paid. The release must be provided by no later than the 10th day after the date of receipt of the written request.

Frisco Texas Request for Release of Lien — Corporation or LLC In Frisco, Texas, businesses may encounter situations where they need to request a release of lien for their corporation or limited liability company (LLC). A release of lien is a legal document used to remove a previously placed lien on a property or asset. When the lien has been fully satisfied or invalidated, the responsible party may request a release to ensure the property can be freely transferred or refinanced. Here, we will discuss the Frisco Texas Request for Release of Lien specifically for corporations and LCS, highlighting the different types and requirements. Types of Frisco Texas Request for Release of Lien — Corporation or LLC: 1. Blanket Release of Lien: This type of release discharges all liens associated with a particular corporation or LLC. It is typically used when the entity wants to remove all encumbrances or when selling multiple properties/assets under one collective release. 2. Partial Release of Lien: If a corporation or LLC has multiple liens on different properties or assets, a partial release of lien can be requested to discharge a specific portion of the liens. This type of release is beneficial when only specific properties/assets are being sold or refinanced, leaving the remaining liens intact. Requirements for Frisco Texas Request for Release of Lien — Corporation or LLC: 1. Identification: The requesting party must provide accurate identification information, including the corporation or LLC's legal name, registered address, and contact details. This helps to ensure the lien holder can appropriately identify the entity and process the request. 2. Lien Information: The request should include all pertinent details about the lien, such as the date it was filed, the recording office, and the unique identification or document number. This information allows for quick retrieval and verification of the lien records. 3. Loan or Obligation Information: If the release of lien is in connection with a loan or financial obligation, the requesting party should disclose the loan account number, the original principal amount, and the current outstanding balance. These details aid in confirming the satisfaction of the underlying obligation. 4. Supporting Documentation: To substantiate the request, any supporting documentation related to the satisfied or invalidated lien should be attached. This may include paid invoices, receipts, court orders, settlement agreements, or any other relevant evidence. 5. Notarization: The Frisco Texas Request for Release of Lien typically requires notarization. The requesting party must sign the document in the presence of a licensed notary public, who will verify their identity and offer attestation. It is essential to carefully complete and submit the Frisco Texas Request for Release of Lien — Corporation or LLC, ensuring all required information is accurate and attached, to facilitate a smooth and timely release process.

Frisco Texas Request for Release of Lien — Corporation or LLC In Frisco, Texas, businesses may encounter situations where they need to request a release of lien for their corporation or limited liability company (LLC). A release of lien is a legal document used to remove a previously placed lien on a property or asset. When the lien has been fully satisfied or invalidated, the responsible party may request a release to ensure the property can be freely transferred or refinanced. Here, we will discuss the Frisco Texas Request for Release of Lien specifically for corporations and LCS, highlighting the different types and requirements. Types of Frisco Texas Request for Release of Lien — Corporation or LLC: 1. Blanket Release of Lien: This type of release discharges all liens associated with a particular corporation or LLC. It is typically used when the entity wants to remove all encumbrances or when selling multiple properties/assets under one collective release. 2. Partial Release of Lien: If a corporation or LLC has multiple liens on different properties or assets, a partial release of lien can be requested to discharge a specific portion of the liens. This type of release is beneficial when only specific properties/assets are being sold or refinanced, leaving the remaining liens intact. Requirements for Frisco Texas Request for Release of Lien — Corporation or LLC: 1. Identification: The requesting party must provide accurate identification information, including the corporation or LLC's legal name, registered address, and contact details. This helps to ensure the lien holder can appropriately identify the entity and process the request. 2. Lien Information: The request should include all pertinent details about the lien, such as the date it was filed, the recording office, and the unique identification or document number. This information allows for quick retrieval and verification of the lien records. 3. Loan or Obligation Information: If the release of lien is in connection with a loan or financial obligation, the requesting party should disclose the loan account number, the original principal amount, and the current outstanding balance. These details aid in confirming the satisfaction of the underlying obligation. 4. Supporting Documentation: To substantiate the request, any supporting documentation related to the satisfied or invalidated lien should be attached. This may include paid invoices, receipts, court orders, settlement agreements, or any other relevant evidence. 5. Notarization: The Frisco Texas Request for Release of Lien typically requires notarization. The requesting party must sign the document in the presence of a licensed notary public, who will verify their identity and offer attestation. It is essential to carefully complete and submit the Frisco Texas Request for Release of Lien — Corporation or LLC, ensuring all required information is accurate and attached, to facilitate a smooth and timely release process.

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Frisco Texas Request for Release of Lien - Corporation