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How to regulate title release

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so how do you get a lien release for title on a vehicle when theres a lien listed on the title that means that the lender controls that title they either have the physical document in hand or they control with the DMV how that documents going to be released even if the loan is paid off if the lien release is recorded that means that control of that title remains with the lender the lender may or may not have a process for providing that document of a lien release some lenders dont have specific people that provide lien releases usually what they do is when the loan is paid off they just mail the title out and its done automatically they might even have that title document if not they have the lien release but if you do need one it has to go through that lender now in many cases the process to do that may not be defined theres not you know press 2 for lien releases on their voicemail so you have to get to that right person sometimes its going through different channels or having a

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What is separation of title Alberta?

Under Section 75 of The Land Titles Act a registered owner may request a separate land in an existing certificate of title into two or more certificates of title. A separation may request separate titles for lots, quarter sections or undivided interests in the land.

What happens to deeds when mortgage paid off?

When you pay off your mortgage you might be required to pay the mortgagee (the lender) a final fee to cover administration and the return of your deeds). At this time your deeds will be sent to you for safekeeping. You can either keep them safe or ask your bank or solicitors to hold them for you.

How do I remove someones name from a title deed?

If you need to remove a name from a title deed for a property with a mortgage on it, you will need written consent to do so from the lender. Generally, it is easier to obtain this if the person(s) left on the title deed is (are) sufficiently financially secure.

How do I change house ownership from joint to single?

To transfer a joint ownership property to sole ownership, it is essential for all parties to sign the transfer deed and register it with the Land Registry. People who are interested in becoming the sole owner of the property can buy out the share of their ex-spouse or siblings, or docHub a different type of agreement.

How long does it take to transfer land title Alberta?

Lou Pesta, a Calgary real estate lawyer with Parlee McLaws, said the typical turnaround time during his 40-year career has been two-to-five days and as long as two weeks during peak times.

How do I get my mortgage off the registry of deeds?

Bring the documents to the Registry of Deeds and apply for cancellation of chattel mortgage. Only the release of mortgage and the promissory note are needed to be submitted. This process will take at least another 7 working days.

How long does land title transfer take Alberta?

Real Estate Law Blog. The Alberta Land Titles Office (the LTO) has long been subject to registration delays, with the gap between submission of a document to the LTO and completion of its registration historically taking one to two weeks.

How do I remove someone from my house title in BC?

All you need to bring to your appointment are 2 pieces of ID for each person that will be on title or removed from title, and your notary will handle the rest. If the property is part of a strata, for example a condo or townhouse, relevant strata documents are also required.

How do I remove my mortgage from my title Alberta?

You can remove or withdraw instruments registered against the title (i.e. caveat, mortgage, builders lien) using a discharge. The original fully executed discharge, along with the registration fee, can be forwarded to a Land Titles Office for registration.

What is the document filed to clear title from the mortgage?

Most mortgage lenders will electronically file the form necessary to remove a paid off mortgage (Form C Release of Mortgage) on behalf of registered property owners. If you wish to verify the form has been filed, you must contact your lender directly.

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