Pima Arizona Release of Judgment Lien - Full Release

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• County: Pima
• Control #: US-OG-1113
• Format: Word; Rich Text

Description

Release of Judgment Lien - Full Release Lima Arizona Release of Judgment Lien — Full Release is a legal document that serves to release a judgment lien from a property in Pima County, Arizona. This lien release is crucial in clearing the title of a property and restoring its marketability. It essentially eliminates any claim or encumbrance that was placed on the property due to a court-ordered judgment. Commonly referred to as the "Full Release," this document is necessary when the debtor has paid off the entirety of the judgment amount, including any interest or fees, or when the judgment has been otherwise satisfied. By filing this release with the appropriate county office, the lien holder acknowledges that they no longer have any legal rights or claims to the property. Key components of a Lima Arizona Release of Judgment Lien — Full Release may include: 1. Parties Involved: The Full Release will identify the creditor (judgment lien holder) and the debtor (property owner) involved in the original judgment. 2. Property Description: Pertinent information about the property, such as its legal description, address, and parcel number, will be included to ensure the release is accurately associated with the correct property. 3. Judgment Information: The release will specify the details of the original judgment, including the court where it was filed, the case number, and the date it was entered. 4. Payment Details: If the judgment was satisfied through payment, the release will outline the specific amounts paid, including principal, interest, and any associated costs or fees. 5. Legal Language: The document will contain appropriate legal language certifying that the judgment lien is fully satisfied and released, both on behalf of the creditor and any successors or assigns. 6. Signatures: The Full Release will require the signatures of the judgment creditor, acknowledging receipt of the judgment amount, and the property owner, confirming their agreement to the lien release. It's important to note that while the Full Release is the standard form used for releasing a judgment lien in Pima County, Arizona, there may be different variations or templates available. However, the fundamental purpose remains the same — to release the judgment lien and restore the property's marketable title.

Lima Arizona Release of Judgment Lien — Full Release is a legal document that serves to release a judgment lien from a property in Pima County, Arizona. This lien release is crucial in clearing the title of a property and restoring its marketability. It essentially eliminates any claim or encumbrance that was placed on the property due to a court-ordered judgment. Commonly referred to as the "Full Release," this document is necessary when the debtor has paid off the entirety of the judgment amount, including any interest or fees, or when the judgment has been otherwise satisfied. By filing this release with the appropriate county office, the lien holder acknowledges that they no longer have any legal rights or claims to the property. Key components of a Lima Arizona Release of Judgment Lien — Full Release may include: 1. Parties Involved: The Full Release will identify the creditor (judgment lien holder) and the debtor (property owner) involved in the original judgment. 2. Property Description: Pertinent information about the property, such as its legal description, address, and parcel number, will be included to ensure the release is accurately associated with the correct property. 3. Judgment Information: The release will specify the details of the original judgment, including the court where it was filed, the case number, and the date it was entered. 4. Payment Details: If the judgment was satisfied through payment, the release will outline the specific amounts paid, including principal, interest, and any associated costs or fees. 5. Legal Language: The document will contain appropriate legal language certifying that the judgment lien is fully satisfied and released, both on behalf of the creditor and any successors or assigns. 6. Signatures: The Full Release will require the signatures of the judgment creditor, acknowledging receipt of the judgment amount, and the property owner, confirming their agreement to the lien release. It's important to note that while the Full Release is the standard form used for releasing a judgment lien in Pima County, Arizona, there may be different variations or templates available. However, the fundamental purpose remains the same — to release the judgment lien and restore the property's marketable title.