US Legal Forms
Contracts
Colorado Affidavit of Service of Notice of Intent to File Lien...

File Judgment Lien With Secretary Of State

Name: File Judgment Lien With Secretary Of State
Brand: US Legal Forms
Rating: 4.57 (280 reviews)

Category:

Liens - Construction - Mechanics

State:

Colorado

Control #:

CO-32-09

Format:

Instant download

Description

This Affidavit of Service of Notice of Intent to File Lien Statement form is for use by a person who is 18 years or older and not a party to the action that he or she has served and the method by which such service was made of a Notice of Intent to File a Lien Statement at least ten days prior to the filing of the Lien Statement. The affidavit must be filed for record with the Lien Statement.

Financial Package

View this form

Complaint regarding Train and Automobile C...

View this form

Model Lease for Subsidized Programs

View this form

Installment Promissory Note

View this form

Claimant's First Set of Interrogatories to...

View this form

Form 9 - Reporter's Application for an Ext...

View this form

Vendor Oriented Source Code Escrow Agreement

View this form

Agreement between Publisher and Programmer...

View this form

Order Fixing Time to Object to Proposed Mo...

View this form

Reimbursement Child Forensic Interview

View this form

How to fill out File Judgment Lien With Secretary Of State?

Log in to your US Legal Forms account if you are a returning user. If you are new, create an account to get started.
Browse through the curated form templates related to judgment liens. Utilize the preview mode to confirm the form meets your requirements and aligns with local jurisdiction rules.
If necessary, search for alternative templates using the search feature to find the correct document.
Select the form you intend to use and click the 'Buy Now' button. Choose a subscription plan that suits your needs.
Complete the purchase process by entering your payment details or using your PayPal account.
Download the finalized form to your device for easy access. You can find your document within the 'My Forms' section of your profile at any time.

US Legal Forms offers an extensive library, featuring over 85,000 legal forms, empowering you to execute necessary documents efficiently. With a cost-effective collection that surpasses competitors, it provides users with access to premium support from legal experts for form accuracy.

In conclusion, filing a judgment lien with the Secretary of State is straightforward with US Legal Forms. Leverage their robust resources to ensure your legal documents are correctly prepared. Start your journey today and secure your financial interests!

Form popularity

More info

A judgment lien lasts for ten years. The prescribed forms are available in fill-in-the-blank format on this web site at UCC Forms.You may now check on the status of a document that was submitted for filing in the Uniform Commercial Code records within the last 30 days. File online with a credit card. OR Complete the fillable PDF form using your computer. Financing Statements. Financing Statement (UCC 1). Place a lien on a business. If your judgment is against a business, you can record a lien with the Secretary of State's office. The "Guide and File" program can help a defendant complete and file a Tax Lien Answer form online.

Trusted and secure by over 3 million people of the world’s leading companies

Affidavit of Service of Notice of Intent to File Lien Statement

Note: This summary is not intended to be an all-inclusive discussion of Colorado's construction lien laws, but does include basic provisions.

When and By Whom A Lien May Be Filed

Colorado law recognizes that when a person, or corporation, provides labor, materials, or laborers for a construction project or improvement of land, that party shall have the legal authority to assert a lien against the property being improved. Central to properly obtaining a lien is the filing of a construction contract or a memorandum describing the contract with the county recorder prior to the commencement of work. If a memorandum is used, it should describe all of the parties involved in the contract, a description of the property, a description of the work to be done, and the total amount to be paid under the contract and under what terms. Failure to file the contract or memorandum results in the parties providing labor or materials to the construction project being presumed to have a lien for the value of the labor or materials provided. C.R.S.Â§38-22-101.

Notice of Materials or Labor Furnished

Any party entitled to a lien, except the principal contractor, may at any time give to the owner, or other person responsible for disbursing funds, a written notice advising that the party giving the notice has provided or will provide labor or materials to the project. This written notice serves to advise the party funding the project that the party serving the notice is entitled to be paid and is someone who could potentially file a lien. The notice includes the estimated or agreed value of the labor or materials that have been supplied or will be supplied. Properly served, this notice requires the parties financing the construction project to withhold the amount of value of these labor or materials from the principal contractor to satisfy the claim or lien. C.R.S.Â§38-22-102.

Filing a Lien Statement

To file a lien, the party claiming the lien, (the lien claimant), must file a lien statement in the office of the county clerk and county recorder. Before a lien statement can be filed the lien claimant must serve the property owner and principal contractor with a notice of intent to file a lien at least ten days before the lien statement is filed. C.R.S.Â§38-22-109(11).

A lien statement must contain the property owner's name, if known, as well as the name of the lien claimant, and the contractor for whom the lien claimant worked if the lien claimant is a subcontractor. In addition, the notice must contain a property description and a statement of how much the lien claimant is owed. C.R.S.Â§38-22-109(1).

Timely Filing of Lien Statement

Lien statements claiming payment for labor or work by the day or piece must be filed within two months of the completion of the project. Otherwise, the lien statement must be filed within four months of the day the last work was performed or materials supplied by the lien claimant. C.R.S.Â§38-22-109(4)

Filing a Notice of Intent to File a Lien

To extend the amount of time within which to file a lien statement, the lien claimant may file with the county clerk a Notice of Intent to File a Lien. This notice contains a property description, the lien claimant's name, address and telephone number and the name of the party the claimant has contracted with. The filing of this notice extends the time the lien claimant may file a lien statement to four months after completion of the project or six months after the filing of the notice, whichever comes first. C.R.S.Â§38-22-109(4)-(10).

Duration of a Notice of Intent

A Notice of Intent to File a Lien automatically terminates six months after filing. However, if improvements are not yet complete, prior to termination of the notice the claimant may file an amended notice and extend the notice an additional six months from filing or four months from completion of the project. C.R.S.Â§38-22-109(10).

Duration of a Lien Statement

Regardless of when the lien statement is filed, no lien statement shall remain effective longer than one year from filing unless within thirty (30) days of the one year anniversary of the filing the claimant files with the county recorder an affidavit stating that improvements on the property have not been completed. C.R.S.Â§38-22-109(9).

Assignment of a Lien or Claim

It is possible for a lien claimant to assign in writing his claim and lien to another party. That party then has all the rights and remedies provided by law of the original lien claimant for the purposes of filing and enforcing the original lien claimant's lien. C.R.S.Â§ 38-22-117.

Satisfying a lien

After the lien has been filed, the property owner may have the lien removed by paying the amount of the lien together with the costs of filing and recording the lien. After payment, the property owner may demand that the lien claimant file with the county recorder an Acknowledgment of Satisfaction, which attests to the fact that the lien has been satisfied. A lien claimant who does not file an Acknowledgment within ten days of the property owner's request shall forfeit the amount of $10.00 per day. C.R.S.Â§38-22-118.

Use of a Bond to Prevent the filing of a Lien

The Colorado statute that allows a party who supplies labor or materials to place a lien on the improved property does not apply where the principal contractor and his surety execute a performance bond and a labor and materials bond, each in excess of 150% of the contract price. Parties who would otherwise be entitled to a lien may pursue the contractor and his surety directly, but must file suit within six months of completion of the project. C.R.S.Â§38-22-129(2).

In order for a bond to prevent the filing of a lien, the principal contractor must file a notice of the bond with the office of the county recorder. The principal contractor should also make copies of the bond available to subcontractors, materialmen, and laborers upon request. C.R.S.Â§38-22-129(3)

It is possible for a lien claimant to file a lien statement when the principal contractor has a bond in place. If the contractor and surety execute a notice acknowledging the existence of a bond and that the lien claimant is entitled to benefit from that bond, the lien shall be deemed released. Under statute, if the property owner requests that the contractor and surety execute an acknowledgment, they must do so within thirty (30) days. Failure to execute the acknowledgment within thirty (30) days will permit the lien claimant to file his lien as normal. C.R.S.Â§38-22-129(4).

Affidavit of Service of Notice of Intent to File Lien Statement

Note: This summary is not intended to be an all-inclusive discussion of Colorado's construction lien laws, but does include basic provisions.

When and By Whom A Lien May Be Filed

Notice of Materials or Labor Furnished

Filing a Lien Statement

Timely Filing of Lien Statement

Filing a Notice of Intent to File a Lien

Duration of a Notice of Intent

Duration of a Lien Statement

Assignment of a Lien or Claim

Satisfying a lien

Use of a Bond to Prevent the filing of a Lien

File Judgment Lien With Secretary Of State

Description

Viewed forms

How to fill out File Judgment Lien With Secretary Of State?

Form popularity

File Judgment Lien With Secretary Of State Related Searches

More info

Trusted and secure by over 3 million people of the world’s leading companies