Judgment Lien Forms With Property In North Carolina
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FAQ
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.
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.
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.
Under North Carolina law judgment liens expire ten years from entry of the judgement.
The NC law clearly gives the creditor a 10 year period to enforce his lien and the statutes, N.C.G.S. § 1-234, and § 1-23 appear to extend the time period when execution is restrained.
The North Carolina legislature has chosen to be a tax deed state.
The NC law clearly gives the creditor a 10 year period to enforce his lien and the statutes, N.C.G.S. § 1-234, and § 1-23 appear to extend the time period when execution is restrained.
In North Carolina, general contractors, subcontractors, and other suppliers may have lien rights available for construction projects. There are primarily two (2) types of mechanic's liens available, both governed by Chapter 44A of the North Carolina General Statutes: liens upon real property, and liens upon funds.
Any person who performs or furnishes labor or professional design or surveying services or furnishes materials or furnishes rental equipment pursuant to a contract, either express or implied, with the owner of real property for the making of an improvement thereon shall, upon complying with the provisions of this ...
