38-12-1 When release of lien required; requisites thereof
38-12-2 When trustee may release lien of deed of trust; effect
38-12-3 Release by trustee when unnamed persons are secured; publication; effect
38-12-4 Form of release; recordation of assignment with release by assignee
38-12-5 Partial or limited release
38-12-6 Liability of lienor for release after assignment
38-12-7 Release when lienor under disability
38-12-8 Recordation of release; effect
38-12-9 Duties of clerk
38-12-10 Action on refusal of lienholder to execute release
38-12-11 Construction of article
38-12-12 Noting satisfaction of execution on judgment lien docket
38-12-13 Penalty for failure of clerk or other officer

Terms Used In West Virginia Code > Chapter 38 > Article 12 - Release and Assignment of Liens

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County court: includes any existing tribunal created in lieu of a county commission. See West Virginia Code 2-2-10
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Judgment: includes decrees and orders for the payment of money, or the conveyance or delivery of land or personal property, or some interest therein, or any undertaking, bond or recognizance which has the legal effect of a judgment. See West Virginia Code 2-2-10
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Trustee: A person or institution holding and administering property in trust.