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Discharge of Lien Individual  Form

Discharge of Lien Individual Form

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What is a W-9 tax form? What is a W-9 tax form?

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Instructions and help about Discharge Of Lien Individual

hi this is John McGuire with the McGuire law firm and I'm going to talk a little bit about a certificate of discharge of a federal tax lean and really when it's necessary so first a certificate of discharge also known as a Cod it's necessary when you're selling an asset that may not pay off tax leans or all tax leans in full so what you are doing is asking that the IRS discharge or kind of remove that lean from the asset so to speak so that you can you can pass clear title to the individual or business or whoever is buying that asset so this often happens with real estate when the transaction is being reviewed Title Company may see that okay there's a federal tax lean uh we are not going to move forward with transaction unless we have a notice of certificate of discharge so what you need to do is show the parties involved the piece of property that is being sold kind of verify fair market value and show that really the IRS is is receiving what th

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