Nationwide Title Clearing Blog

Ensuring that lien releases are accurately processed in a timely manner is crucial in monitoring your overall risk. States require lien releases to be submitted to the county recorder usually within a matter of days after the loan is paid in full. While the timeframe differs nationwide, you can potentially face statutory penalties for non-compliance if your documents are not filed in the state's stipulated time frame. Click here to watch industry expert Debbie Lastoria explain how to monitor your overall risk on lien releases.

Nationwide Title Clearing recently determined that the deadline for submitting release of mortgage within the state of Louisiana should be 45 days after payoff, not 60 days, which was the period typically used in the past. NTC has recently reviewed the Louisiana revised statute §5165 regarding how long one has to record lien releases after the date of payoff.