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RELEASE of LIEN on REAL PROPERTY Whereas , of , by a Bond Contacts Gsa Form
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People also ask
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What does having a lien on something mean?
What Is A Lien? A lien refers to a legal claim against property that can be used as collateral to repay a debt. Depending on the type of debt owed, liens can be attached to real property, such as a home, or personal property, such as a car or furniture. -
What type of lien means that the lien is attached to a piece of real estate?
Specific lien real estate definition If the lien in question is a specific lien, it is attached or applied to one specific property. -
What is a release of lien on real property in Texas?
Lenders in Texas customarily use a release of lien when the loan secured by a deed of trust has been paid in full or otherwise satisfied. The release of lien is recorded in the county where the real property collateral is located. -
What is optional Form 91?
(a)After consultation with legal counsel, the contracting officer shall release the security interest on the individual surety's assets using the Optional Form 91, Release of Personal Property from Escrow, or a similar release as soon as possible consistent with the conditions in subparagraphs (a)(1) and (2) of this ...
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