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32-28-3-16 Waiver of right to a lien voiding contract before the person is paid for the labor or materials furnished. (c) A provision in a contract for the improvement of real estate in Indiana under which one (1) or more persons agree not to file a notice of intention to hold a lien is void.
Contracts requiring a party to waive their claims under a payment bond are prohibited. Indiana has no requirement that a lien waiver must be notarized.
The purpose of Indiana's mechanic's lien statute is to provide a contractor a remedy for unpaid labor or materials furnished to the improvement of real property. Information on specific requirements for filing a mechanic's lien and release can be found in Indiana Code 32-28-3 and 32-28-6.
Indiana statute restricts lien waivers. Indiana specifically prohibits agreements that purport to limit or waive the right to file a notice of intent to lien or mechanics lien or bond claim prior to payment for the labor or materials furnished.
Physical Inspection of a Vehicle or Watercraft ? State Form 39530. Must be completed by a law enforcement officer or an employee of a BMV license branch. Odometer Disclosure Statement ? State Form 43230. All trailers and motor vehicles weighing over 16,000 pounds are exempt.
What is Indiana State Form 205? Application for Certificate of Title for a Vehicle State Form 205 Affidavit of Ownership for a Vehicle - State Form 23037 Bill of Sale. Must include the vehicle year, make, VIN, seller, purchaser, purchase price, and purchase date.
Section 32-28-4-1 - Limitation of actions (a) A mortgage or vendor's lien upon real estate expires ten (10) years after the last installment of the debt secured by the mortgage or vendor's lien becomes due, as shown by the record of the mortgage or vendor's lien unless an action to foreclose is brought not later than ...
VEHICLE / WATERCRAFT WITHOUT ADMINISTRATION Complete this form to request a transfer of vehicle ownership for an estate, wherever located, less liens or encumbrances, whose gross value does not exceed $50,000. 3. A copy of the death certificate is required in addition to this affidavit.