This form is a release of a deed of trust lien. Grantor executed and delivered a deed of trust to the trustee for the lienholder. The lienholder has agreed to release the property from the lien of the deed of trust and discharge all right and title to the property.
The Houston Texas Release of Lien is a legal document commonly used in the state of Texas to remove any existing liens on a property. A lien is a legal claim made by a creditor against a property as collateral for unpaid debts or services provided. Types of Houston Texas Release of Lien can include: 1. Mechanics Lien Release: This type of release is used when a contractor, subcontractor, or supplier places a lien on a property for unpaid construction work, materials, or services. Once the debt is paid or resolved, the lien holder issues a Mechanics Lien Release to clear the title of the property. 2. Contractor Lien Release: Similar to a mechanics lien release, this type of release is used when a contractor or subcontractor places a lien on a property due to non-payment for construction or remodeling work. Upon receiving payment, the lien holder issues a Contractor Lien Release to release their claim on the property. 3. Material Supplier Lien Release: A material supplier may place a lien on a property if the contractor or property owner fails to pay for the materials provided. Once the debt is settled, the material supplier issues a Material Supplier Lien Release to discharge the lien from the property. 4. Release of Lien Bond: In certain situations, if a lien is wrongfully filed or disputed, the property owner may choose to post a release of lien bond. This bond acts as a substitute for the property's value and releases the lien from the property until the dispute is resolved. The Houston Texas Release of Lien is crucial in maintaining a clear title to a property. By obtaining a release of lien, property owners ensure that no encumbrances exist on their property and protect themselves from any future legal or financial complications related to outstanding debts or services rendered. It is important to consult with a legal professional or use an attorney's services to ensure the accurate preparation and filing of the release of lien document.The Houston Texas Release of Lien is a legal document commonly used in the state of Texas to remove any existing liens on a property. A lien is a legal claim made by a creditor against a property as collateral for unpaid debts or services provided. Types of Houston Texas Release of Lien can include: 1. Mechanics Lien Release: This type of release is used when a contractor, subcontractor, or supplier places a lien on a property for unpaid construction work, materials, or services. Once the debt is paid or resolved, the lien holder issues a Mechanics Lien Release to clear the title of the property. 2. Contractor Lien Release: Similar to a mechanics lien release, this type of release is used when a contractor or subcontractor places a lien on a property due to non-payment for construction or remodeling work. Upon receiving payment, the lien holder issues a Contractor Lien Release to release their claim on the property. 3. Material Supplier Lien Release: A material supplier may place a lien on a property if the contractor or property owner fails to pay for the materials provided. Once the debt is settled, the material supplier issues a Material Supplier Lien Release to discharge the lien from the property. 4. Release of Lien Bond: In certain situations, if a lien is wrongfully filed or disputed, the property owner may choose to post a release of lien bond. This bond acts as a substitute for the property's value and releases the lien from the property until the dispute is resolved. The Houston Texas Release of Lien is crucial in maintaining a clear title to a property. By obtaining a release of lien, property owners ensure that no encumbrances exist on their property and protect themselves from any future legal or financial complications related to outstanding debts or services rendered. It is important to consult with a legal professional or use an attorney's services to ensure the accurate preparation and filing of the release of lien document.
