Montana Lien Release Form
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What does it mean when a lien is released?
A lien is a claim on property to ensure payment of a debt. When you borrow money to purchase a car, the lender files a lien on the vehicle with the state to insure that if the loan defaults, the lender can take the car. When the debt is fully repaid, a release of the lien is provided by the lender.
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How long is a lien good for in Montana?
The lien continues for 10 years unless the judgment is previously satisfied. History: En. Sec. 614, p.
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How do I get a lien release in Montana?
You have to visit the county recorder's office and have the lien release form recorded, or mail the lien release form to the office. Note that you must record the mechanics lien release in the same county clerk's office where your mechanics lien was originally filed.
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How long is a judgement good for in Montana?
Except as provided in 61-6-123, the lien continues for 10 years unless the judgment is previously satisfied.
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What is the right to lien in Montana?
Under Montana's laws, those who work on your property or provide materials and are not paid have a right to enforce their claim for payment against your property. This claim is known as a construction lien.
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How long is an IRS lien good for?
A federal tax lien is valid for 10 years and 30 days from the date of assessment, unless prior to expiration of this period of limitations, the lien is properly refilled within the time allowed by law.
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How do tax liens work in Montana?
Conduct of Attachment of Tax Lien The county treasurer shall attach a tax lien no later than the first working day in August to properties on which the taxes are delinquent and for which proper notification was given. After attaching the tax lien, the county treasurer shall prepare a tax lien certificate.
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How do I release a lien on a Montana title?
In cases where it is impossible to obtain a title lien release from the lien holder, please contact your District Court for information about removing a title lien by court order. Still Have Questions? Call the Montana Division of Banking and Financial Institutions at (406) 841-2920.
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