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.
Massachusetts Release of Mechanic's or Construction Lien
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State:
Multi-State
Control #:
US-01028BG
Format:
Word;
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How to fill out Release Of Mechanic's Or Construction Lien?
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FAQ
Lien waivers in Massachusetts do not need to be notarized, but they must be signed ?under the penalties of perjury.?
Within 90 days of recording the statement of account, a lawsuit must be filed against the property owner to enforce the lien. If suit is not timely filed, the lien is automatically dissolved. An attested copy of the complaint (lawsuit) must then be recorded at the registry within 30 days of filing the complaint.
The lien discharge bond must be issued by a surety company authorized to do business in Massachusetts. The bond must be written in an amount equal to the lien to be dissolved. The obligations must guarantee payment of any sum which the lien claimant may recover on his claim for labor or labor and materials.
A mechanic's lien may be dissolved by a simple written statement of the contractor or subcontractor recorded at the registry of deeds. Payment on a contract is often contingent on or partly in consideration for dissolving a mechanic's lien.
When is the deadline to file a Massachusetts Mechanics Lien? 120 days after the lien claimant last furnished labor or materials to the project.. The lien is allowed to be filed prior to the filing of a Notice of Substantial Completion or Notice of Termination.
Laws, cases and web sources on mechanics' lien law. A builder, contractor, or subcontractor can record a mechanic's lien at a Registry of Deeds on property (not automobiles) for which they have supplied labor and/or materials in order to secure payment for their work.
How long does a judgment lien last in Massachusetts? A judgment lien in Massachusetts will remain attached to the debtor's property (even if the property changes hands) for 20 years (for liens on real estate) or 30 days (for liens on personal property).