Minnesota law states that any lien expires at the end of one hundred and twenty (120) days after work ceases, unless the lien claimant files a verified statement of account within that period. This form specifically states all the information required by statute to preserve the claimant's lien. A copy of the verified statement must be served personally or by certified mail and be verified by the oath of the party claiming the lien.
Minnesota Mechanic's Lien Statement by Individual CBCBC Form 40.1.1 is a legal document used to secure the payment of a debt owed to an individual for labor or materials used in the construction of a project. The Minnesota Mechanic's Lien Statement by Individual CBCBC Form 40.1.1 is filed with the county recorder of the county in which the project is located and serves as notice to the property owner that an individual has a claim against the property for money owed. The lien statement must include the individual's name, address, and a description of the labor or materials provided. It must also include the name of the owner of the property, a description of the property, and the amount of the claim. The two types of Minnesota Mechanic's Lien Statement by Individual CBCBC Form 40.1.1 are a Preliminary Notice and a Statement of Claim. The Preliminary Notice is used to inform the property owner of the individual's claim before the work begins and must be filed within 90 days of the start of the work. The Statement of Claim is used to formally file the lien with the county recorder and must be filed within 180 days of the completion of the project.
