The Lien Satisfied Title Holder Release is a critical document used when a borrower has fully paid off a debt secured by property. This document, governed by U.S. federal and state laws, provides formal acknowledgment that the debt has been satisfied and releases the lien holder's interest in the property. It includes specific details about the original lien, property description, and clear statement of release. The document is essential for maintaining clear property records and is typically required for future property transfers or refinancing. It must comply with local recording requirements and may need to be notarized depending on jurisdiction.
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1. Identification of Parties: Details of lien holder and property owner, including full legal names, addresses, and any relevant identification numbers
2. Property Description: Detailed description of property subject to the lien, including serial numbers, titles, or legal property descriptions as applicable
3. Lien Details: Original lien amount, date of creation, recording information, and any relevant file or case numbers
4. Satisfaction Statement: Formal declaration that the debt has been satisfied in full and that the lien holder acknowledges receipt of all required payments
5. Release Language: Legal language formally releasing all claims and interests in the property, including any future claims
1. Payment Details: Information about final payment(s) including dates, amounts, and method of payment - used when specific payment documentation is requested
2. Title Transfer Instructions: Specific instructions for transferring title or updating property records - required when property ownership records need to be updated
3. Recording Instructions: Details about where and how to record the release document with relevant authorities - included when document needs to be recorded with specific offices
1. Schedule A - Original Lien Documentation: Copy of the original lien agreement or filing showing the initial terms and conditions
2. Schedule B - Property Title: Copy of current property title, deed, or registration showing the lien
3. Schedule C - Payment Verification: Documentation proving final payment or satisfaction of debt, such as payment receipts or bank statements
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