(1) (a) Upon payment in full of an assessment on a parcel of property, the local entity or third-party lender, in the event the local entity has assigned the energy assessment lien to the third-party lender, shall file a release and discharge of the energy assessment lien on the property in the office of the recorder of the county where the property is located. (b) The local entity or third-party lender shall ensure that each release and discharge under Subsection (1)(a): (i) includes a legal description of the affected property; and (ii) complies with other applicable requirements for recording a document.
(a) Upon payment in full of an assessment on a parcel of property, the local entity or third-party lender, in the event the local entity has assigned the energy assessment lien to the third-party lender, shall file a release and discharge of the energy assessment lien on the property in the office of the recorder of the county where the property is located.
(b) The local entity or third-party lender shall ensure that each release and discharge under Subsection (1)(a): (i) includes a legal description of the affected property; and (ii) complies with other applicable requirements for recording a document.
(i) includes a legal description of the affected property; and
(ii) complies with other applicable requirements for recording a document.
(2) (a) Upon payment in full of all assessments levied within an energy assessment area, or upon providing for payment in full, the local entity or third-party lender, in the event the local entity has assigned the energy assessment lien to the third-party lender, shall file a notice of the dissolution of the energy assessment area in the office of the recorder of the county where the property within the energy assessment area is located. (b) The local entity or third-party lender shall ensure that each notice under Subsection (2)(a): (i) includes a legal description of the property assessed within the energy assessment area; and (ii) complies with all other applicable requirements for recording a document.
(a) Upon payment in full of all assessments levied within an energy assessment area, or upon providing for payment in full, the local entity or third-party lender, in the event the local entity has assigned the energy assessment lien to the third-party lender, shall file a notice of the dissolution of the energy assessment area in the office of the recorder of the county where the property within the energy assessment area is located.
(b) The local entity or third-party lender shall ensure that each notice under Subsection (2)(a): (i) includes a legal description of the property assessed within the energy assessment area; and (ii) complies with all other applicable requirements for recording a document.
(i) includes a legal description of the property assessed within the energy assessment area; and
(ii) complies with all other applicable requirements for recording a document.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.