Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease

State:
Multi-State
County:
Travis
Control #:
US-OG-407
Format:
Word; 
Rich Text
Instant download

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/Grantor's Assignee all of Lienholder's rights, claims, and liens granted in the Mortgage/Deed of Trust insofar. Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that pertains to releasing a lien on a leasehold interest in a specific portion of the lands subject to a lease. This document is typically used in Travis County, Texas, and is crucial in circumstances where a lien has been placed on a leasehold interest, but only a partial release is warranted. In Travis County, there are several types of Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease, based on the specific conditions and requirements. These may include: 1. Standard Partial Release of Lien on Leasehold Interest: This type of release is utilized when a lien has been placed on a leasehold interest in a portion of lands subject to a lease, but the lien holder agrees to release only a specified part of the interest. 2. Conditional Partial Release of Lien on Leasehold Interest: In certain cases, a lien holder may agree to release a partial interest in the leased lands on certain conditions, such as the payment of a specific amount or the completion of certain obligations. 3. Temporary Partial Release of Lien on Leasehold Interest: This type of release is suitable when a lien holder agrees to temporarily release a portion of the leasehold interest, allowing the lessee to exercise particular rights or carry out necessary activities for a predetermined period. 4. Permanent Partial Release of Lien on Leasehold Interest: In specific situations, a lien holder may agree to permanently release a partial interest in the leased lands, alleviating the lien on that particular portion of the property. Regardless of the type of Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease, this legal document serves the vital purpose of releasing a lien on a leasehold interest partially, ensuring the individual or entity involved can utilize or transfer the portion of the land without hindrance from the existing lien. It provides a structured framework to protect the rights and interests of all parties involved, ensuring transparency and avoiding future disputes.

Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease is a legal document that pertains to releasing a lien on a leasehold interest in a specific portion of the lands subject to a lease. This document is typically used in Travis County, Texas, and is crucial in circumstances where a lien has been placed on a leasehold interest, but only a partial release is warranted. In Travis County, there are several types of Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease, based on the specific conditions and requirements. These may include: 1. Standard Partial Release of Lien on Leasehold Interest: This type of release is utilized when a lien has been placed on a leasehold interest in a portion of lands subject to a lease, but the lien holder agrees to release only a specified part of the interest. 2. Conditional Partial Release of Lien on Leasehold Interest: In certain cases, a lien holder may agree to release a partial interest in the leased lands on certain conditions, such as the payment of a specific amount or the completion of certain obligations. 3. Temporary Partial Release of Lien on Leasehold Interest: This type of release is suitable when a lien holder agrees to temporarily release a portion of the leasehold interest, allowing the lessee to exercise particular rights or carry out necessary activities for a predetermined period. 4. Permanent Partial Release of Lien on Leasehold Interest: In specific situations, a lien holder may agree to permanently release a partial interest in the leased lands, alleviating the lien on that particular portion of the property. Regardless of the type of Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease, this legal document serves the vital purpose of releasing a lien on a leasehold interest partially, ensuring the individual or entity involved can utilize or transfer the portion of the land without hindrance from the existing lien. It provides a structured framework to protect the rights and interests of all parties involved, ensuring transparency and avoiding future disputes.

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Travis Texas Partial Release of Lien on Leasehold Interest in Part of Lands Subject to Lease