Maryland Release of Lien for Contractor

State:
Multi-State
Control #:
US-01775-AZ-1
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 under the terms of a contract mentioned in the document.

How to fill out Release Of Lien For Contractor?

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FAQ

No, Maryland does not require or provide statutory forms for lien waivers. Because the form and content of lien waivers aren't regulated under Maryland's Mechanics Lien Act, careful attention should be given to the actual terms of the waiver to ensure you're not waiving more than intended.

To establish a lien, a contractor or subcontractor must file a petition in the circuit court for the county where the property is located within 180 days after completing work on the property or providing materials.

In Maryland, it does not matter when the Notice of Intent to Lien was sent; the Petition to Establish a Lien must be filed within 180 days of last work.

Rule 12-307 - Release of Lien (a) Motion. At any time after a complaint to establish a mechanics' lien is filed, the owner of the land or any other person interested in the land may move to have the land released from any lien that has been established by court order or that may thereafter be established.

In Maryland, a sale or foreclosure of the property usually will cut off all lien rights. Until the lien has been established by a court, any ?bona fide purchaser? buys the property free and clear of any mechanic's lien claim.

A mechanics' lien allows a subcontractor to recover amounts owed but not paid by the owner to the subcontractor. For a lien to arise in favor of a subcontractor, there must be a contract between a contractor and the owner on which the subcontractor works and between the contractor and the subcontractor.

In Maryland, any project participant providing labor or materials for a construction project can file a mechanics lien.

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Maryland Release of Lien for Contractor