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 Killeen Texas Release of Lien is a legal document that serves as proof of the satisfaction of a debt or claim on a property. This document allows the property owner to remove any encumbrances or liens placed on the property, thus ensuring its clear title. The release of lien is typically issued by the party or entity that placed the lien, such as a lender or contractor, once the debt or claim has been fully paid or resolved. There are various types of Killeen Texas Release of Lien, depending on the nature of the lien and the parties involved. Some common types include: 1. Contractor's Release of Lien: This type of release is issued by a contractor or subcontractor who has provided labor or materials to improve a property. It verifies that the contractor has been adequately compensated and releases any lien rights they may have on the property. 2. Mechanics Lien Release: A mechanics lien is placed on a property when a contractor or supplier has not been paid for their services or materials. The mechanics lien release confirms that the debt has been satisfied and removes the lien from the property title. 3. Mortgage Lien Release: A mortgage lien is placed on a property by a lender as security for a loan. Once the loan is fully repaid, the lender issues a mortgage lien release, releasing their claim on the property. 4. Judgment Lien Release: A judgment lien is placed on a property as a result of a court judgment in favor of a creditor. Once the judgment is satisfied, the lien can be released through a judgment lien release, clearing the property's title. In Killeen, Texas, the release of lien is an essential legal document for property owners. It ensures that any debts or claims related to their property have been resolved, allowing for a clean title. It is crucial for property owners to obtain and keep a copy of the release of lien for their records, as it provides evidence of the debt's satisfaction and protects their property rights.The Killeen Texas Release of Lien is a legal document that serves as proof of the satisfaction of a debt or claim on a property. This document allows the property owner to remove any encumbrances or liens placed on the property, thus ensuring its clear title. The release of lien is typically issued by the party or entity that placed the lien, such as a lender or contractor, once the debt or claim has been fully paid or resolved. There are various types of Killeen Texas Release of Lien, depending on the nature of the lien and the parties involved. Some common types include: 1. Contractor's Release of Lien: This type of release is issued by a contractor or subcontractor who has provided labor or materials to improve a property. It verifies that the contractor has been adequately compensated and releases any lien rights they may have on the property. 2. Mechanics Lien Release: A mechanics lien is placed on a property when a contractor or supplier has not been paid for their services or materials. The mechanics lien release confirms that the debt has been satisfied and removes the lien from the property title. 3. Mortgage Lien Release: A mortgage lien is placed on a property by a lender as security for a loan. Once the loan is fully repaid, the lender issues a mortgage lien release, releasing their claim on the property. 4. Judgment Lien Release: A judgment lien is placed on a property as a result of a court judgment in favor of a creditor. Once the judgment is satisfied, the lien can be released through a judgment lien release, clearing the property's title. In Killeen, Texas, the release of lien is an essential legal document for property owners. It ensures that any debts or claims related to their property have been resolved, allowing for a clean title. It is crucial for property owners to obtain and keep a copy of the release of lien for their records, as it provides evidence of the debt's satisfaction and protects their property rights.
