Minnesota Statutory Lien Notice

State:
Minnesota
Control #:
MN-SKU-0451
Format:
PDF
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Description

Statutory Lien Notice Minnesota Statutory Lien Notice is a legal notice that is sent to a debtor to inform them that their property is subject to a lien. A lien is a legal claim against a debtor's property that is used to secure payment of a debt. In Minnesota, a Statutory Lien Notice can be used to secure payment of a debt owed to a contractor for labor or materials supplied in connection with the improvement of real property. There are two different types of Minnesota Statutory Lien Notice: Preliminary Notice and Final Notice. The Preliminary Notice must be served within 15 days after the contractor has provided labor or materials on the project and identifies the parties involved in the project. The Final Notice must be served within 120 days after the completion of the project and informs the debtor that the lien has been recorded. Both notices must include specific information, such as the amount of the debt, the name of the debtor, and the description of the real property.

Minnesota Statutory Lien Notice is a legal notice that is sent to a debtor to inform them that their property is subject to a lien. A lien is a legal claim against a debtor's property that is used to secure payment of a debt. In Minnesota, a Statutory Lien Notice can be used to secure payment of a debt owed to a contractor for labor or materials supplied in connection with the improvement of real property. There are two different types of Minnesota Statutory Lien Notice: Preliminary Notice and Final Notice. The Preliminary Notice must be served within 15 days after the contractor has provided labor or materials on the project and identifies the parties involved in the project. The Final Notice must be served within 120 days after the completion of the project and informs the debtor that the lien has been recorded. Both notices must include specific information, such as the amount of the debt, the name of the debtor, and the description of the real property.

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Minnesota Statutory Lien Notice