District of Columbia Partial Release of Liens for Notes and Security Agreements

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Multi-State
Control #:
US-OG-547
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Word; 
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This is a form of a Partial Release of Liens (Notes and Security Agreements).
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How to fill out Partial Release Of Liens For Notes And Security Agreements?

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FAQ

Deeds of trust are the most common instrument used in the financing of real estate purchases in Alaska, Arizona, California, Colorado, the District of Columbia, Idaho, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, Oregon, Tennessee, Texas, Utah, Virginia, Washington, and West Virginia, ...

If you are filing on your own, it may cost you between $3 to $345. You can also use a lien filing service such as Northwest Lien which only requires you to pay a flat fee.

Deeds of trust are used almost exclusively. A mortgage would be enforceable but would necessitate court action to enforce. There are no restrictions in the District of Columbia as to who may act as a trustee. Trustees do not need to be DC residents and can be an entity or a person.

Notice. (a)(1) A contractor desiring to enforce the lien shall record in the land records a notice of intent that identifies the property subject to the lien and states the amount due or to become due to the contractor.

There's only one office where mechanics liens can be recorded. This is the Office of the Recorder of Deeds- Land Records Division. Before you go down to the office, or otherwise send out your claim, you should contact the office ahead of time to ensure that you have all the required documents and filing fees.

The lien must be filed and recorded with the county recorder or auditor in the county in which the work was performed or the materials provided. If you do not file the lien within this timeframe, you lose your lien rights.

The District of Columbia Mechanic's Lien statute provides that any person directly employed by the contractor described in D.C. Code § 40-303.01 (the original contractor or the ?General Contractor?), whether the person is a subcontractor, materialman, or laborer, to furnish work or materials for the completion of the ...

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District of Columbia Partial Release of Liens for Notes and Security Agreements