Minnesota Certificate of Satisfaction of Mechanic's or Construction Lien

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US-01032BG
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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

In Minnesota, typically the mechanic's lien attaches to the property not by recording a document against the property, but upon the first visible improvement to the real property. All subsequent lien claimant's priority relate-back to that first visible improvement.

"This notice is to advise you of your rights under Minnesota law in connection with the improvement to your property. Any person or company supplying labor or materials for this improvement may file a lien against your property if that person or company is not paid for the contributions.

In Minnesota, mechanics liens expire 1 year from the date of the lien claimant's last furnishing of labor or materials to the project. Claimants must initiate an enforcement action before the expiration deadline.

Copies of specified lien records can be ordered through the Minnesota Business and Lien System (MBLS) online for a fee; ordering copies requires an account. Debtor Name Look-Ups provide a quick and easy way to find liens immediately.

How to file a Minnesota mechanics lien a notice of intention to claim and hold a lien. the amount of lien. the name and address of the claimant (your information) the name of the party who hired you. the name of the property owner. the dates of your first and last day of work.

Minnesota Statute §514.011 is the source of the Pre-Lien Notice requirement for both general contractors and subcontractors. The purpose of the Pre-Lien Notice is to provide a property owner with advance notification that a mechanic's lien may be filed against their property.

We must file a lien within five years of the assessment date. If your debt is the result of a Commissioner Filed Return (CFR), that period begins with the date we file the CFR. A lien expires after 10 years. We can renew it before it expires and continue to take collection actions.

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Minnesota Certificate of Satisfaction of Mechanic's or Construction Lien