A Beaumont Texas Partial Release of Judgment Lien is a legal document that allows the partial release of a judgment lien placed on a property. A judgment lien is typically imposed when a money judgment is entered against a person or entity and attaches to their real property to secure payment of the debt. In Beaumont, Texas, there are different types of partial release of judgment liens that can be utilized. These include: 1. Voluntary Partial Release of Judgment Lien: This type of partial release occurs when the judgment creditor agrees to release a portion of the judgment lien in exchange for payment of a specified amount. This can be beneficial for the judgment debtor as it allows them to sell or refinance the property without having to satisfy the entire debt. 2. Court-Ordered Partial Release of Judgment Lien: In certain circumstances, a judgment debtor may petition the court to request a partial release of their judgment lien. This could occur if there is a dispute regarding the amount owed or if there are extenuating circumstances that justify a reduction in the lien amount. 3. Statutory Partial Release of Judgment Lien: Texas law provides for a statutory mechanism to request a partial release of a judgment lien. This is typically done by filing a motion with the court and providing evidence of the partial payment or satisfaction of the judgment. The Beaumont Texas Partial Release of Judgment Lien follows the guidelines and regulations set forth by the Texas Property Code and is recorded in the county where the property is located. This document details the specific property affected by the partial release, the amount of the lien being released, and the reasons for the release. By obtaining a partial release of a judgment lien, the property owner can regain some control over their property and potentially facilitate a smoother real estate transaction. It is essential to consult with an experienced attorney familiar with Texas lien laws to navigate the complexities of obtaining a partial release and ensure compliance with all necessary legal requirements. Keywords: Beaumont Texas, partial release of judgment lien, judgment creditor, judgment debtor, voluntary partial release, court-ordered partial release, statutory partial release, Texas Property Code, county records, real estate transaction, legal requirements.
Beaumont Texas Partial Release of Judgment Lien
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How to fill out Beaumont Texas Partial Release Of Judgment Lien?
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