Lien Made Property Form Texas

State:
Multi-State
Control #:
US-02836BG
Format:
Word; 
Rich Text
Instant download

Description

The Lien Made Property Form Texas is a legal document used for the assignment of a mechanic's lien by a general contractor to another party. This form outlines the specifics of the lien, including the date of assignment, names of the assignor and assignee, and details about the property in question. It includes important elements such as the consideration paid for the lien, the description of the real property, and reference to relevant exhibits like the contract and notice of lien. Users are instructed to complete each section carefully, ensuring all names, dates, and amounts are accurately filled in. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants, as it allows them to effectively manage lien rights and ensure proper collection of debts owed from construction projects. It aids legal professionals in protecting their client's interests when there are disputes over payments for construction services or materials. The form also gives the assignee authority to act on behalf of the assignor in collecting the debt secured by the lien.
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FAQ

Yes, it is possible for someone to place a lien on your property without your immediate knowledge in Texas. Typically, a lien arises when a creditor seeks to secure a debt owed by a property owner. In most cases, a property owner receives a notice when a lien is filed, but some types of liens may not require direct notification. To protect your interests, consider using a Lien Made Property Form Texas, which helps clarify issues related to property ownership and outstanding debts.

For the most part, all contractors, subcontractors, laborers, design professionals, materials suppliers, and equipment suppliers who provide labor or materials to a property in Texas are not required to have a written contract (a verbal contract is sufficient) to qualify for the right to file a lien.

Filing Lien Affidavit It must be recorded (filed) in the real property records of the County Clerk's office in the county in which the owner's property is located by personally deliver- ing or mailing the lien affidavit to the County Clerk with the required recording fee. You need only file one lien affidavit.

Information you will need Project owner's name (or company name) and last known mailing address. Project name and street address, including the county name. A legal description of the property (not always needed, but helpful if available). The amounts owed for each month you performed the work.

In order to file a Lien against a residential homestead Property, either you, or the General Contractor must: (1) have a written contract signed by the Property Owner (if they are a married couple, then both must sign the contract); (2) before the work begins; and (3) the contract must be filed with the County Clerk.

Release Of Lien Texas Form To show that a lien has officially been removed on a property, you have to file a document called a ?lien release? in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.

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Lien Made Property Form Texas