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Partial Release of Property from Mortgage by Individual Holder New Mexico Form

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Partial Release of Property from Mortgage by Individual Holder New Mexico Form

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so how do you get a lean released on a real estate title this is Dave at titles search.com certified title abstractors a lean release is an important part of clearing an encumbrance on a property title if a property has a lean on it what that means is a document has been filed in the official records of that title showing there's a CL claim against that property there's a lean there's a judgment there's a mortgage some type of claim against that property even if that lean is paid off even if the the debtor pays the amount owed under that lean or mortgage the lean Still Remains on the property until the Creditor files another piece of paper saying it's off the title for example if I have an account at a bank with a mortgage and my mortgage balance is $100,000 and I decide to walk in and pay that mortgage off in full my balance with that bank will be zero if I look up on my account or look up in their system it's going to be zero the title

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