This form is a release of a deed of trust lien. Grantor executed and delivered a deed of trust to the trustee for the lienholder. The lienholder has agreed to release the property from the lien of the deed of trust and discharge all right and title to the property.
A lien release form in Texas for a car is a legal document that verifies the release of a lien on a vehicle. This form is crucial for individuals who have paid off their car loan and want to clear the title of any encumbrances. By submitting this document to the Texas Department of Motor Vehicles (DMV), car owners can officially remove the lien holder's rights to the vehicle. The Texas lien release form for cars is commonly known as Form VTR-266. This form provides a standardized template for lien holders to acknowledge that the debt has been settled, and they no longer have a claim on the car. It contains specific sections to be completed, such as the vehicle owner's information, lien holder's details, loan or account number, and the date of the lien release. Another type of lien release form in Texas is the Form VTR-265-M, which is used for manufactured homes. This form serves a similar purpose but is specific to mobile or manufactured homes and requires information regarding the home's identification, such as serial number, make, and model. Additionally, there are different circumstances that may require alternative lien release forms. For instance, a mechanic lien release form, specifically known as Form VTR-264, is used when a mechanic or repair shop has placed a lien on a vehicle due to unpaid repairs. By completing this form and providing proof of payment, the owner can have the lien released. In summary, a lien release form in Texas for cars is a vital document that enables car owners to remove liens and encumbrances on their vehicle's title. This legal form ensures proper ownership and the ability to transfer or sell the car without any legal complications. The primary form used is the VTR-266, while for manufactured homes, the VTR-265-M is applicable. Additionally, there is a separate form, VTR-264, for releasing mechanic liens on vehicles.
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