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RELEASE OF LIEN Date: ___ Note: Date: December 7, 2016 Original Amount: $150,810.00 Maker: LaQuesha Graham, a single person Payee: Habitat For Humanity of Williamson County, Texas, Inc., a Texas nonprofit
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The release of lien date is the date on which a lien is formally removed or released from a property, indicating that the debt or obligation secured by the lien has been satisfied.
The party who filed the original lien, typically the creditor or lender, is required to file the release of lien.
To fill out a release of lien, you generally need to include the property's legal description, the original lien details, the date the lien was satisfied, and the signatures of the parties involved.
The purpose of the release of lien date is to officially document that the debtor has fulfilled their obligation, thereby clearing the property's title and allowing the owner to sell or refinance without encumbrances.
The information that must be reported includes the names of the parties involved, the date of the release, details of the original lien, and any necessary notary or witness signatures.
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