Maine Certificate of Satisfaction of Mechanic's or Construction Lien

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Multi-State
Control #:
US-01032BG
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Word; 
Rich Text
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Description

A mechanic's (or construction) 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 attaches to 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. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


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.

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FAQ

The Preliminary Notice These notices allow you to track who has a potential claim against your property. Subcontractors and suppliers must provide you with this notice in order to maintain their right to file a lien. If they don't provide you with the notice, they lose the right to file a lien.

In Maine, all lien claimants without a contract directly with the property owner must file their lien claim (called a Notice of Lien) in the registry of deeds for the county in which the property is located within 90 days of the date of last furnishing labor or materials for the project.

Release of Mechanic Lien for Real Estate Located in Maine A release of lien form identifies the parties, the project's location, relevant dates and payments, and filing information about the recorded lien. Submit the signed, notarized release to the same county office where the underlying lien was filed.

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.

A mechanic's lien foreclosure action is a lawsuit commenced by the unpaid lienor to force the sale of the property so that the lien can be satisfied out of the proceeds of the sale; Contractor must foreclose within one year after work is completed; Action should be brought within two years after commencement.

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.

The lien claim is filed in a county recorder's or clerk-recorder's office by an unpaid contractor, subcontractor, supplier, or worker. The prime contractor has a direct, contractual agreement with the homeowner. If the contractor isn't paid, he or she can sue on the contract and/or record a mechanics lien.

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. Property owners need to be aware of the process so they can avoid financial and legal pitfalls.

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Maine Certificate of Satisfaction of Mechanic's or Construction Lien