Iowa Release of Lien

State:
Multi-State
Control #:
US-OG-542
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of a lien. The form provides that the lienholder chooses to release a certain parcel of property and the owner from all liability arising from the labor performed and materials furnished by the lienholder.

How to fill out Release Of Lien?

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FAQ

The lien lasts for two years and 90 days. Any action to enforce a mechanic's lien shall be brought within two years from the expiration of ninety days after the date on which the last of the material was furnished, or the last of the labor was performed.

To get a lien on property removed, a Release of Lien or a Satisfaction of Judgment must be filed with the Clerk of the District Court in the county where the support order is filed. Contact Iowa Child Support for assistance if part or all of the support is owed to the State of Iowa.

To get a lien on property removed, a Release of Lien or a Satisfaction of Judgment must be filed with the Clerk of the District Court in the county where the support order is filed. Contact Iowa Child Support for assistance if part or all of the support is owed to the State of Iowa.

Iowa is unique in its timing requirements for filing a mechanics lien. For full protection, an Iowa mechanics lien should be filed within 90 days after the date of last furnishing labor and/or materials to the project.

A lien may be released by a bond, by the payment of the claim, or by the failure of the claimant to bring suit to enforce the lien within thirty days of written demand. Iowa allows contractors to waive or assign their lien rights.

If there is an open lien on the vehicle, the application will need to be signed by the lien holder. If there is an open lien on the title, but the lien holder does not have an interest in the vehicle any longer, they may complete a separate notarized Cancellation of Security Interest (Iowa DOT Form 411168) form.

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.

About Iowa Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.

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Iowa Release of Lien