Mecklenburg North Carolina Release of Judgment Lien - Full Release

• Category: Civil Procedure - Releases
• State: Multi-State
• County: Mecklenburg
• Control #: US-OG-541
• Format: Word; Rich Text

Description

Release of Judgment Lien - Full Release Mecklenburg North Carolina Release of Judgment Lien — Full Release is a legal document that signifies the complete discharge of a judgment lien placed on a property within Mecklenburg County, North Carolina. This document is crucial for property owners looking to clear any encumbrances on their property title due to a previously filed judgment lien. In Mecklenburg County, there are several types of Release of Judgment Lien — Full Release documents, including: 1. Voluntary Release of Judgment Lien — Full Release: This type of release is initiated by the judgment creditor, usually the party who holds the lien. It acknowledges the satisfaction of the judgment and declares the judgment lien extinguished. The document must be executed by the creditor and recorded with the Mecklenburg County Register of Deeds for it to be legally binding. 2. Satisfaction of Judgment and Release of Judgment Lien — Full Release: This release is typically used when the judgment debtor, the party against whom the judgment was issued, has satisfactorily fulfilled their obligations as outlined in the judgment. The document is executed by the judgment creditor, indicating that they have received the full payment or performance required by the judgment. It is then recorded with the Mecklenburg County Register of Deeds. 3. Release of Judgment Lien — Full Release by Operation of Law: In certain circumstances, a judgment lien may automatically become released by operation of law. This could occur if the judgment debtor files for bankruptcy, the judgment becomes time-barred, or when the lien expires due to statutory limitations. It's important to note that the Mecklenburg North Carolina Release of Judgment Lien — Full Release must accurately identify the parties involved, provide details of the original judgment, specify the property affected by the lien, and state the consideration received for releasing the lien. Additionally, the document should include a legal description of the property, references to the judgment being released, and any relevant court case numbers. Obtaining a Release of Judgment Lien — Full Release in Mecklenburg County is crucial for property owners, as it effectively removes any cloud on their title caused by the judgment lien. This document, once properly executed and recorded, assures potential buyers or lenders that the property is free and clear of any encumbrances resulting from the judgment lien.

Mecklenburg North Carolina Release of Judgment Lien — Full Release is a legal document that signifies the complete discharge of a judgment lien placed on a property within Mecklenburg County, North Carolina. This document is crucial for property owners looking to clear any encumbrances on their property title due to a previously filed judgment lien. In Mecklenburg County, there are several types of Release of Judgment Lien — Full Release documents, including: 1. Voluntary Release of Judgment Lien — Full Release: This type of release is initiated by the judgment creditor, usually the party who holds the lien. It acknowledges the satisfaction of the judgment and declares the judgment lien extinguished. The document must be executed by the creditor and recorded with the Mecklenburg County Register of Deeds for it to be legally binding. 2. Satisfaction of Judgment and Release of Judgment Lien — Full Release: This release is typically used when the judgment debtor, the party against whom the judgment was issued, has satisfactorily fulfilled their obligations as outlined in the judgment. The document is executed by the judgment creditor, indicating that they have received the full payment or performance required by the judgment. It is then recorded with the Mecklenburg County Register of Deeds. 3. Release of Judgment Lien — Full Release by Operation of Law: In certain circumstances, a judgment lien may automatically become released by operation of law. This could occur if the judgment debtor files for bankruptcy, the judgment becomes time-barred, or when the lien expires due to statutory limitations. It's important to note that the Mecklenburg North Carolina Release of Judgment Lien — Full Release must accurately identify the parties involved, provide details of the original judgment, specify the property affected by the lien, and state the consideration received for releasing the lien. Additionally, the document should include a legal description of the property, references to the judgment being released, and any relevant court case numbers. Obtaining a Release of Judgment Lien — Full Release in Mecklenburg County is crucial for property owners, as it effectively removes any cloud on their title caused by the judgment lien. This document, once properly executed and recorded, assures potential buyers or lenders that the property is free and clear of any encumbrances resulting from the judgment lien.