Pursuant to Colorado Revised Statute section 38-22-118, an individual who has previously filed a lien statement must file an Acknowledgment of Satisfaction after payment in full of the amount attested to in the lien statement, including the cost of filing and recording said lien. Failure to file this acknowledgment within ten (10) days of the request of the property owner to do so may result in a statutory penalty of $10.00 per day being assessed against the lien claimant.
Satisfaction Of Lien Form For Subcontractor
Category:
State:
Colorado
Control #:
CO-19-09
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Colorado Acknowledgment Of Satisfaction Of Lien By Individual?
Well-prepared official documentation is one of the key assurances for preventing issues and legal disputes, but obtaining it without the assistance of an attorney might require time.
Whether you need to swiftly obtain an updated Satisfaction Of Lien Form For Subcontractor or any other templates for employment, family, or business circumstances, US Legal Forms is always ready to assist.
The procedure is even easier for existing users of the US Legal Forms library. If your subscription is active, you simply need to Log In to your account and click the Download button next to the selected document. Additionally, you can retrieve the Satisfaction Of Lien Form For Subcontractor at any time, as all documents previously acquired on the platform can be found within the My documents tab of your profile. Save time and money on preparing official documents. Experience US Legal Forms today!
- Verify that the form fits your case and locality by reviewing the description and preview.
- Search for another example (if necessary) using the Search bar located in the page header.
- Press Buy Now when you find the correct template.
- Select the pricing plan, Log In to your account or create a new account.
- Choose your preferred payment method to acquire the subscription plan (using a credit card or PayPal).
- Select PDF or DOCX file format for your Satisfaction Of Lien Form For Subcontractor.
- Hit Download, then print the document to complete it or upload it to an online editor.
Form popularity
FAQ
In Texas, original contractors (GCs), subcontractors, material suppliers, specialty material fabricators, design professionals, and landscapers all have the right to file a mechanics lien if they do not receive payment.
An "Unconditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date with no stipulations. A "Conditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date, provided the payments have actually been received and processed.
The deadline for contractors and subcontractors to file their statement of mechanic's lien is four months (not 120 days) from the last date of work (exclusive of warranty work or other work performed free of charge), or from the last date that materials were supplied to the project.
How to complete the Conditional Waiver and Release on Progress Payment formName of Claimant. The claimant is the party receiving the payment in other words, the one waiving their lien rights.Name of Customer.Job Location.Owner.Through Date.Maker of the Check.Amount of the Check.Check Payable To.More items...?
Under California Civil Code 8400 8494, a property owner can petition the court for a release order, releasing a California mechanics lien from the property. In order to make a petition, the property owner must give the lien claimant 10 days notice, giving them time to release the lien voluntarily.