Arkansas Waiver of Lien Claim by Contractor

State:
Multi-State
Control #:
US-OG-157
Format:
Word; 
Rich Text
Instant download

Description

This form provides for a contractor to waive any lien claims in lands on or for which labor or materials have been provided.

How to fill out Waiver Of Lien Claim By Contractor?

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FAQ

An Arkansas Notice of Intent to Lien is required to be served at least 10 days before filing. Only a handful of states have a Notice of Intent to Lien requirement, and Arkansas is one of them.

If you don't make your payments on that debt, the creditor may be able to take and sell the home or the property, during or after the bankruptcy case. There are several ways that you can keep collateral or mortgaged property after you file bankruptcy.

An Arkansas Statement of Account and Claim of Lien must be filed with the circuit clerk of the county in which the property is located within 120 days of a claimant's last date or furnishing labor and/or materials to the project. Missing this deadline is fatal to a claimant's lien rights.

Filing deadlines: A lien must be filed within 120 days after the last day that labor or materials were furnished to the property. Notice requirements: A notice of the lien must be sent to the property owner within ten days of filing the lien.

(a) (1) From and after service upon the adverse party of a written notice signed by the client and by the attorney at law, solicitor, or counselor representing the client, which notice is to be served by certified mail and a return receipt being required to establish actual delivery of the notice, the attorney at law, ...

Ing to the mechanics lien law, after your notices are served timely the lien must be filed in the county recorder's office in the county where the property is located. The lien may either be served by certified mail, return receipt requested, or personally served on each of the parties.

Here is a field-by-field breakdown of this form: Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. ... Name of Customer. ... Job Location. ... Owner. ... Maker of the Check. ... Amount of the Check. ... Check Payable To. ... Exceptions.

A lien release is a document that is filed in the public land records as the official notice that the lien is removed. Once payment has been received, a contractor has a duty to remove any lien that was filed against the property.

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Arkansas Waiver of Lien Claim by Contractor