Nevada Lien Release Form

State:
Nevada
Control #:
NV-08A-09
Format:
Word; 
Rich Text
Instant download

Description

If a property owner or other party adversely affected by a lien satisfies that lien, Nevada statutes require that the lienholder file a release of lien with the county recorder within ten days of the date the lien was satisfied. Failure to do so within ten days will result in the lienholder being liable in a civil action for any actual damages or for $100, whichever is greater.


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FAQ

Yes, Nevada is one of the 12 states that provide statutory lien waiver forms that must be used to effectively waive lien rights in Nevada.

Lien must be filed within 90 days of last providing labor or materials, or completion of work (whichever is later). In Nevada, an action to enforce a mechanics lien must be initiated within 6 months from lien's filing. This deadline may not be extended, and failure to meet the deadline renders the lien unenforceable.

Unless a lien claimant has a direct contract with a Nevada project's owner (NRS 108.245(5)), a lien claimant is required to serve a project's owner with a Notice of Right to Lien within 31 days after first supplying labor, materials, equipment or services for the project. NRS 108.245(1).

Attaching a judgment lien is relatively straightforward since you already hold a court judgment against the debtor. Simply fill out the statutory lien form and file it with the county recorder in any Nevada county where the debtor has property. When the home is sold or foreclosed, you should receive your money.

Lien Release: After a lien has been filed, the California claimant can release or cancel the lien by filing a Mechanics Lien Release form with the county recorder's office where the lien was originally recorded.

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Nevada Lien Release Form