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    A lien payoff statement is a written document that shows the amount of money that is needed to pay off a legal claim on a property. A lien is a notice that a creditor has the right to seize the property if the debt is not paid. A lien payoff statement may be requested by the debtor or a third party who wants to buy or refinance the property.
    investopedia.com+2
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    What Is a Payoff Statement? Definition, Uses, and Details - Investopedia
    Payoff statements are commonly associated with liens, which provide notification that a legal claim has been made to seize property if full payment is not received. In some situati…
    Investopedia
    https://www.investopedia.com/terms/p/payoff-statement.asp
    Payoff Statements: What They Are and How They’re Used - Upsolve
    Liens are commonly placed on high-value items like cars or real estate. The payoff statement will come with a notification that a legal claim has been made to seize your property i…
    Upsolve
    https://upsolve.org/learn/payoff-statements/
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    AN ACT CONCERNING THE PROVISION OF A PAYOFF STATEMENT BY A JUDGMENT ...
    The bill requires a judgment lienholder, or the attorney who has filed an appearance on the lienholder' s behalf, to provide a written payoff statement after receiving a request. T…
    ct.gov
    https://www.cga.ct.gov/2018/FC/2018SB-00485-R000614-FC.htm
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