North Carolina Request By Property Owner for Itemization of Lien Claim

State:
Multi-State
Control #:
US-01027BG
Format:
Word; 
Rich Text
Instant download

Description

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

Under North Carolina law judgment liens expire ten years from entry of the judgement. The bankruptcy, however, can extend the statute of limitations in favor of the pre-petition lien holder in certain circumstances.

North Carolina Lien Deadlines General Contractors: Issue the preliminary Notice to Lien Agent within 15 days from the first provision of labor or materials. The Mechanics Lien must be served no longer than 120 days after the last provision of labor or materials and enforced within 180 days of this date.

Chapter 44A of the North Carolina General Statutes includes the lien laws intended to enforce this guarantee. A lien gives a party security by allowing it to place a claim on real property or funds when moneys are owed, until those moneys are paid.

North Carolina created its lien agent process in 2013 to deal with the hidden lien problem. In North Carolina, a contractor or subcontractor has 120-days from the last date of furnishing of labor or materials to file and serve a claim of lien on the real property.

File a Lawsuit to Vacate the Lien: Finally, property owners in North Carolina can always fight the lien once the contractor files a lawsuit. In North Carolina, a contractor must file a formal lawsuit after filing a mechanic's lien.

Involuntary Lien: A lien imposed against property without consent of the owner. Taxes, special assessments, federal income tax liens, and State tax liens are examples of involuntary liens.

In general, there are two types of liens in North Carolina - a claim of lien on funds and a claim of lien on real property. For contractors and others who are owed money on a construction project, liens are a powerful method of ensuring that the money is paid.

Any person who performs or furnishes labor or professional design or surveying services or furnishes materials or furnishes rental equipment pursuant to a contract, either express or implied, with the owner of real property for the making of an improvement thereon shall, upon complying with the provisions of this ...

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North Carolina Request By Property Owner for Itemization of Lien Claim