What is one method through which liens can be removed?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

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

Removing a lien from a property typically involves formal recognition that the debt associated with the lien has been settled. The most direct method of achieving this is through a recorded satisfaction or payment of lien. When a lien is satisfied, it means the obligations (such as debt or other requirements) associated with that lien have been fulfilled. The creditor then provides documentation that is recorded in the relevant public records office, which officially releases the lien on the property. This recorded satisfaction serves as proof that the lien is no longer valid, allowing the property owner to clear their title.

In terms of the other methods mentioned, issuing a new judgment does not directly eliminate an existing lien; instead, it may create additional legal complexities. Selling the property could potentially transfer the lien to the new owner, depending on the lien type, rather than removing it. Refiling tax reports is unrelated as it doesn't resolve the obligations linked to a lien and would not officially release the lien itself. Thus, the most effective and official way to remove a lien is through the process of recording a satisfaction or payment of the lien.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy