Edit, Download, and Sign the Release of Judgment Lien in North Carolina
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How do I fill this out?
To fill out this form, start by entering the date and the parties involved in the release. Next, provide the details of the real estate and the judgment lien being released. Finally, sign and date the document as required.
How to fill out the Release of Judgment Lien in North Carolina?
1
Enter the date at the top of the form.
2
Fill in the names of the Grantor and Grantee.
3
Provide property description relevant to the lien.
4
Complete the details regarding the judgment.
5
Sign the document where indicated.
Who needs the Release of Judgment Lien in North Carolina?
1
Property owners who wish to release a lien from their property.
2
Real estate agents assisting sellers during the sale process.
3
Attorneys managing lien releases for clients.
4
Title companies involved in property transfers requiring lien clearance.
5
Financial institutions handling lien-related transactions.
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What are the instructions for submitting this form?
To submit the Judgment Lien Release form, ensure all fields are fully completed and signed. Submit by mail to the Clerk of Superior Court of Stokes County or deliver in person. If you have questions about the submission process, contact the court for guidance.
What are the important dates for this form in 2024 and 2025?
Important dates for filing judgment lien releases may vary by individual cases and local court rules. It's essential to check with the local Clerk of Court’s office for specific deadlines. Generally, releasing a judgment lien may require timely submission and could be subject to local laws.
What is the purpose of this form?
The purpose of the Release of Judgment Lien is to formally clear a lien against a property following a settlement. This document transfers the title free of the previous judgment, allowing for property transactions to proceed without legal encumbrances. It is an essential tool for property owners and professionals involved in real estate management.
Tell me about this form and its components and fields line-by-line.
- 1. Date: The date when the release is being executed.
- 2. Grantor Name: The name of the entity or individual releasing the lien.
- 3. Grantee Name: The name of the individual or entity receiving the release.
- 4. Property Description: Details about the real estate involved.
- 5. Judgment Details: Information regarding the judgment being released.
- 6. Signatures: Where the Grantor and witnesses will sign.
What happens if I fail to submit this form?
Failure to submit this form may result in the continued existence of the lien against the property. This can cause complications for property sales, refinance processes, and overall ownership rights. It is crucial to ensure that this form is submitted correctly to clear any liens.
- Ongoing Lien: The lien remains on the property, affecting ownership.
- Legal Complications: May lead to disputes over property rights.
- Impact on Transactions: Could hinder the sale or refinancing of the property.
How do I know when to use this form?
- 1. Property Sale: When selling a property with outstanding judgment liens.
- 2. Completed Settlements: To finalize the release after a debt is settled.
- 3. Judiciary Requirements: As required by local court proceedings.
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What types of fields are in the Judgment Lien Release?
The form includes fields for parties involved, property details, judgment information, and signatures.
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