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Kentucky Pre-Lien Notice to Owner Regarding Potential Mechanic's Lien for Services to be Provided to General Contractor

Category:
Liens - Construction - Mechanics
State:
Multi-State
Control #:
US-01003BG
Format:
Word; 
Rich Text
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Description

A mechanic's 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 covers 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.



Statutes frequently require the potential lienholder to give notice of a claim of lien. Local statutes must be consulted to determine applicable requirements with respect to particular types of lien notices.

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FAQ

Contractors, subcontractors, laborers, and material suppliers can file what is called a "mechanics lien" on a homeowner's property if they don't get paid.

Every mechanics lien typically must contain the owner's name, a general description of the property and location, the name of the hiring party, the first and last date of work a description of the work performed, and the amount of money owed.

About Kentucky 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.

A subcontractor or material supplier has 20 days after beginning work or delivering materials to serve you a Preliminary Notice. If the notice is late, the claimant loses lien rights for work done or materials delivered more than 20 days before the notice.

Purpose: To establish rights to mechanics' lien, stop notice, or payment bond for both public and private works. Filed By: Subcontractors, supplier, other with no direct contact with private owner or lender, or with public agency. Prime does NOT file. When: No later than 20 days after first supplying goods or services.

A mechanics lien is a "hold" against your property, filed by an unpaid contractor, subcontractor, laborer, or material supplier, and is recorded with the county recorder's office. If unpaid, it allows a foreclosure action, forcing the sale of the property in lieu of compensation.

If the contractor?or subcontractors, workers or suppliers?who provide goods or services to improve your property aren't paid, they can file what is called a mechanics lien on your property.

If the contractor - or the subcontractors, workers or suppliers - who provide goods or services to improve your property aren't paid, they can file what is called a mechanic's lien on your property.

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