Filing A Lien In Oklahoma For Sale

State:
Multi-State
Control #:
US-01538BG
Format:
Word
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Description

The Complaint or Petition to Foreclose on Mechanic's Lien is a vital legal document used in Oklahoma for filing a lien for unpaid materials and labor in construction projects. This form facilitates the assertion of a lien against a property when a contractor or supplier is owed payment, ensuring they can seek judicial relief. Users must fill out key details, including the names and addresses of the plaintiff and defendant, the specifics of the contract, and the amount owed. Additionally, it requires attaching supporting documents like the notice of lien and any relevant contract exhibits. This document serves crucial functions for attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured approach to secure payments owed for work performed. It is particularly relevant in construction law and for those involved in property-related transactions in Oklahoma. Understanding and utilizing this form can effectively protect the financial interests of contractors and suppliers in the event of non-payment.
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How to fill out Complaint Or Petition To Foreclose On Mechanic's Lien?

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FAQ

All lien claimants without a direct contract with the owner must file a lien statement within 90 days from the date labor or materials were last furnished to the property. An action to enforce an Oklahoma mechanics lien must be initiated within 1 year of the date on which the lien was recorded.

The lien statement must be filed timely with the appropriate county clerk and must contain the following elements: The amount claimed and a description of the labor/materials provided. The name of the property owner. The name of the lien claimant and the name of the Original Contractor (if different from the claimant)

The potential lien claimant must record the mechanics lien within 90 days of: Completion of work; When the property owner began using the improvement;* or.

How long does a judgment lien last in Oklahoma? A judgment lien in Oklahoma will remain attached to the debtor's property (even if the property changes hands) for five years.

Filing Fees Fee DescriptionAmountRecording mechanic's and materialmen's lien including release filing fee and preservation fee for lien.$35.00Recording medical liens (hospital, physicians, chiropractors)$15.00Recording judgments$13.00Recording attorney's liens$15.004 more rows

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Filing A Lien In Oklahoma For Sale