Alabama Notice of Intent

State:
Multi-State
Control #:
US-4-06-STP
Format:
Word; 
Rich Text
Instant download

Description

The franchisor gives notice of its intent to do business in the State of Michigan by conducting franchise sales activities.

How to fill out Notice Of Intent?

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FAQ

What kind of interest does a lienor usually have in the liened property? An equitable interest, except a mortgage lienor in a title-theory state. A real estate tax lien, a federal income tax lien, a judgment lien, and a mortgage lien are recorded against a property.

Commencement notice (Private): No. Completion notice (Private): No. Preliminary lien notice (Private): Prime contractor - Not required; Subcontractor - Not required but recommended.

All lien claimants, except an original contractor must give notice prior to filing a verified statement of lien. The notice must be given in writing to the owner stating that a lien is claimed, setting forth the amount and the subject of the lien, and the person or entity from whom it is owning. Ala. Code § 35-11-218.

Notice Of Intent. All lien claimants, except an original contractor must give notice prior to filing a verified statement of lien. The notice must be given in writing to the owner stating that a lien is claimed, setting forth the amount and the subject of the lien, and the person or entity from whom it is owning. Ala.

Notice to Owner (Unpaid Balance): Required to be sent to the Owner before filing a Statement of Lien. This notice only applies to the amount still owed by the Owner to the Contractor on the job at the time the notice is delivered. Generally a lien must be filed within 4 months of last delivery.

Once the lien has arisen, it will continue until the liability for the amount assessed is satisfied, released or becomes unenforceable by reason of lapse of time (i.e. 10 years from the date the lien is filed) (Code Sections 40-1-2, 40-29-20, and 49-29-21).

How does a creditor go about getting a judgment lien in Alabama? To attach the lien, the creditor registers the judgment with the office of probate court in any Alabama county where the debtor owns property now or may own property in the future.

Only a handful of states have a Notice of Intent to Lien (NOI) requirement, and Alabama is one of them. An Alabama NOI, also referred to as a Notice of Unpaid Balance, is required by all claimants who didn't contract directly with the owner prior to filling a Statement of Lien.

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Alabama Notice of Intent