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Release of Notice of Federal Tax Lien (Lien Release) A discharge removes the lien from a specific property, but taxes are still owed. Whereas a release removes the lien completely because taxes are no longer owed or the IRSs time to collect has ended.
What does it mean to discharge a lien?
A Lien Release Form is a legal document that removes a previously filed lien on a property. This form is typically used after a lien claimant, such as a contractor, subcontractor, or supplier, has received payment in full for their work or materials, thereby releasing the property from the lien claim.
What does it mean to release a lien?
Provide a description of the property related to the lien, including the address. Specify the original date of the lien in the appropriate field. Indicate the amount for which the lien was originally filed, if applicable. Include any relevant legal descriptions of the property, if required.
How do I write a letter to release a lien?
Releasing a Vehicle Lien To release a lien, the following documents may be mailed, e-mailed or delivered in person: Original Kentucky Title. Completed Release/Termination Statement (TC 96-187) we are only able to provide this form to the lien holder.
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