Guam Certificate of Satisfaction of Mechanic's or Construction Lien

State:
Multi-State
Control #:
US-01032BG
Format:
Word; 
Rich Text
Instant download

Description

A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


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

Although anyone can record a mechanics lien, unlicensed contractors cannot foreclose on a mechanics lien if the work is valued at more than $500.

Information to include in your California mechanics lien claim The amount claimed. Owner's information. General description of labor and materials provided. Description of the property. Hiring party's information. Claimant's information. Proof of service affidavit.

Filing your own lien in California also goes through county offices. Filing your mechanics lien with the project's county recorders' office can cost between $95 and $125, depending on the project's location.

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.

For all claimants except for the direct contractor, a preliminary notice is required in order to file a mechanics lien in California in the event of unpaid work. If you weren't able to serve a preliminary notice to the owner that covers the work or supplies you've provided for a project, you lose your right to lien.

The Preliminary Notice These notices allow you to track who has a potential claim against your property. Subcontractors and suppliers must provide you with this notice in order to maintain their right to file a lien. If they don't provide you with the notice, they lose the right to file a lien.

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Guam Certificate of Satisfaction of Mechanic's or Construction Lien