Colorado Partial Release of Mechanic's or Construction Lien

State:
Multi-State
Control #:
US-01029BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Notice of your intent to lien must be served on the property owner (who is in title as of the date the notice of intent is served) and principal contractor at least 10 days prior to recording the lien. The notice of intent should be served in person or mailed using registered or certified mail with return receipt.

Colorado does not provide or require statutory forms for lien waivers.

Mechanics Lien Release for Real Estate Located in Colorado The lien release form contains information about the lien claimant, the underlying mechanic's lien, and the property charged with the lien. By recording the document, the clerk at the recorder's office can locate the original lien and mark it as "discharged."

Timely File Your Lien: Your mechanics lien in Colorado must be filed within 4 months, or 120 days, of the last date you provided labor and materials for the project.

Get help filing your Colorado Mechanics Lien The Colorado Notice to Extend lengthens the time in which a mechanics lien can be filed. After filing the notice, the new lien filing deadline will be 4 months after the project is completed, or 6 months after filing the extension of time ? whichever occurs first.

When a person or entity files a spurious lien, Colorado law provides for an expedited process whereby a property owner can dispose of this lien. Under this law, a property owner can file a petition in Court, and the Court will issue an order to the person or entity that filed the lien to explain why the lien is valid.

Colorado: Colorado's lien statute is relatively straightforward, and the written contract requirement is based on the contract price. The relevant part of the statute states that if the amount to be paid exceeds $500, the contract must be in writing in order to claim a mechanics lien.

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Colorado Partial Release of Mechanic's or Construction Lien