Wisconsin Intent To File Lien Form With Court

State:
Wisconsin
Control #:
WI-02-09
Format:
Word; 
Rich Text
Instant download

Description

The Wisconsin Intent to File Lien Form with Court serves as an official notification for subcontractors intending to file a claim for lien when payment is not received for labor or materials provided. This form requires the subcontractor to detail the owner's name and address, describe the work performed, and state the amount owed. It acts as a crucial reminder to property owners of their obligation to settle debts, thereby protecting the subcontractor's rights to file a lien if necessary. The form must be completed clearly, signed, and delivered to the property owner either in person or through registered mail. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is essential for ensuring compliance with Wis. Stat. §779.06(2) and safeguarding financial interests. Proper use of the form can facilitate timely payments and prevent legal disputes. Additionally, understanding the filing process and requirements can enhance the efficiency of real estate transactions.

How to fill out Wisconsin Subcontractor's Notice Of Intent To File Claim Of Lien By Individual?

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FAQ

In Wisconsin, a lien waiver statement must include the amount of money being paid, any other payments made, and the dates of payments. This document must be provided by the property owner to ensure that financial transactions between contractors and homeowners are valid under the law.

Contractors, subcontractors, and materials suppliers who provide labor for the improvement of property but do not receive the agreed upon payment may assert a lien against that property as a way of securing payment for services rendered.

In Wisconsin, a mechanic is allowed to file a mechanic's lien if the services and materials provided are not paid for. This does not apply to aircraft or aircraft engines; all other vehicles and most trailers are covered. Once the mechanics lien is recorded, the mechanic has a security interest in the vehicle.

At least 30 days before a lien can be filed, a contractor must provide a notice of intent to file a lien. Since a lien must be filed within 6 months of the last day of work, the notice of intent to lien has a 5 month deadline.

Filing an Undertaking of A Wisconsin Lien Wisconsin Statute section 779.08 provides a process for releasing a lien called an ?undertaking.? An owner or other interested party, such as a general contractor, may pay 125% of the claimed amount to the clerk of courts.

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Wisconsin Intent To File Lien Form With Court