Idaho Release of Mechanic's and Materialman's Lien
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How to fill out Release Of Mechanic's And Materialman's Lien?
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FAQ
Idaho's lien law can be found in Idaho Code Title 45, Chapter 5. Under this law, when you hire a contractor to do construction work for you, that contractor has a right to secure payment for labor and materials by placing a lien on the property being improved.
45-501. Right to lien. For purposes of this chapter the term "furnishing material" shall also include, notwithstanding any other provision of law to the contrary, supplying, renting or leasing equipment, materials or fixtures as defined in section 28-12-309, Idaho Code.
A mechanic's lien of record upon real property may be released upon the posting of a surety bond in the manner provided in sections 45-519 through 45-524, Idaho Code."
45-520. Release of lien on real property by posting surety bond ? Petition for release ? Service of copy of petition.
In Idaho, a mechanics lien must be filed within 90 days after last furnishing of labor or materials. Idaho claimants must enforce their mechanics lien within 6 months of filing the lien. Idaho mechanic liens can not be extended, and missing the enforcement deadline renders the lien unenforceable.
The lien resulting from recording of a judgment other than for support of a child or for restitution owed to a crime victim where the order of restitution has been recorded as a judgment pursuant to section 19-5305, Idaho Code, continues ten (10) years from the date of the judgment, unless the judgment be previously ...
45-507. Claim of lien. (1) Any person claiming a lien pursuant to the provisions of this chapter must file a claim for record with the county recorder for the county in which such property or some part thereof is situated.
Release of lien on real property by posting surety bond--Manner. A mechanic's lien of record upon real property may be released upon the posting of a surety bond in the manner provided in sections 45-519 through 45-524, Idaho Code."
