In addition to payment, which method can discharge a lien?

Prepare for the Ohio CPLTA Eastern States Test. Use flashcards and multiple choice questions with hints and explanations. Get ready for your certification exam!

The method that can discharge a lien, in addition to payment, is the passage of time. Liens typically have a statutory validity period, meaning they are enforceable for a certain length of time dictated by state law. If the lienholder does not take action to enforce the lien within this timeframe, the lien may automatically be discharged. This provision ensures that creditors cannot indefinitely hold liens against property without pursuing their claims, thus balancing the interests of parties involved.

While property reclamation, filing an extension, and public notice are relevant to lien management or enforcement, they do not inherently lead to the discharge of a lien. Property reclamation refers to the restoration of property rights but does not necessarily erase a lien unless legally resolved. Filing an extension relates to extending the validity of a lien, rather than discharging it. Public notice could alert potential buyers or other creditors but does not directly impact the lien's status unless associated with legal proceedings. Understanding the role of the passage of time in lien discharge is crucial for navigating property law effectively.

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