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HB 531, 62nd R.S.
Relating to requiring an owner or holder of a vendor's lien, deed of trust lien, or mechanic's lien on real property, upon payment or satisfaction of the indebtedness which it secures, to prepare, execute, and deliver a release of the lien to be recorded by the property owner and specifying the liability of a lienholder who fails or refuses to prepare, execute and deliver a release.

Author: Nelson Wolff

Subjects:
Property Interests--Mortgages & Liens


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