What is a Release of Lien?

A Release of Lien is a legal document that is used in Washington to clear a debt that is owed on a property. It is typically used when a lien is placed on a property due to unpaid taxes or a loan secured with the property. The document releases the debt associated with the lien and removes the lien from the property. This allows the property to be sold or refinanced and any debt to be discharged. In Washington, a Release of Lien needs to be executed in order to be considered valid. This means that it must be signed by the lienholder and the borrower of the loan. It also needs to be notarized by both parties in order to be officially recorded with the county. Once the Release of Lien is officially recorded with the county, it is considered valid and the lien is removed from the property. The Release of Lien is an important document in Washington when it comes to residential real estate law. It is the legal document that is used to clear any debt associated with the property and allow it to be refinanced or sold. Without a Release of Lien, the property cannot be transferred and any debt associated with the property cannot be cleared.

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What is a Release of Lien?

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