This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Lien Form Withdrawal In North Carolina
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements. File the lien with the county recorder's office. Serve a copy of the lien on the property owner.
4) Within 180 days of the date of last performance – A lawsuit must be filed in the county in which the property is located in order to perfect the lien.
A judgment lien is created automatically on any property owned by the debtor in the North Carolina county where the judgment is entered. For any debtor property found outside the county, the creditor must file the judgment with the county clerk for the county where the property is located.
Under North Carolina law judgment liens expire ten years from entry of the judgement.
North Carolina imposes no specific licensing requirement in order to file a valid mechanics lien.
It is considered a tax lien state. The rules are different. To be successful, auction buyers must understand and investigate the process for each state and each county. For example, at the North Carolina auctions the highest bidder will receive a notice they have won the auction.
The deadlines for serving and filing the notice (120 days from the date of last furnishing) and filing the lawsuit to enforce the lien (180 days from the date of last furnishing) are unyielding and inflexible, and important rights can be inadvertently lost if these deadlines are missed.
Judgments are liens upon the real estate owned by the defendant for a period of ten years from the date of the judgment.
