Missouri Lien Claim - Corporation

State:
Missouri
Control #:
MO-04A-09
Format:
Word; 
Rich Text
Instant download

Description

According to Missouri statutes, "It shall be the duty of every contractor... within six months after the indebtedness shall have accrued to file with the clerk of the circuit court of the proper county a just and true account of the demand due him or them after all just credits have been given..." The Lien Claim filing must be verified by the oath of the lien claimant or some credible person for him.


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FAQ

Keep in mind, however, that you must file this notice within 6 months after you recorded the mechanics lien. If you do not initiate foreclosure within the 6-month period, the mechanics lien will expire and it will no longer hold a claim against the property.

A mortgage creates a lien on your property that gives the lender the right to foreclose and sell the home to satisfy the debt. A deed of trust (sometimes called a trust deed) is also a document that gives the lender the right to sell the property to satisfy the debt should you fail to pay back the loan.

File your lien. If you're claiming a lien on real property, it must be filed in the recorder's office of the county where the property is located. Expect to pay a filing fee between $25 and $50 depending on the location where you file.

In Missouri, a mechanics lien must be filed within 6 months after the last day of services or materials were provided. This date is crucial to the rights of the project participant. The lien should be filed with the recorder of deeds in the county where the property is located.

A Missouri mechanics lien stays effective for 6 months from the date the lien was filed.

Missouri does not require that lien waivers be notarized in order to be effective. However, there are specific signature requirements that apply to residential jobs.

While it's unlikely that just anyone can put a lien on your home or land, it's not unheard of for a court decision or a settlement to result in a lien being placed against a property.

How can I remove the lien from my title? You may apply for a new title at any Missouri license office. You must submit the notarized lien release (copy or original), your current title (if in your possession) and pay an $8.50 title fee and a $6.00 processing fee.

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Missouri Lien Claim - Corporation