North Carolina Assignment of Lien by General Contractor

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Multi-State
Control #:
US-02836BG
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Word; 
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Description

This form is an example of an assignment of a mechanic's lien. By virtue of express statutes in most states, mechanics and materialmen (persons who furnish materials for the erection of houses or other buildings), are entitled to a lien or preference in the payment of debts out of the houses and buildings so erected and to the land on which they are erected.
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FAQ

§ 44A-23. Contractor's claim of lien on real property; perfection of subrogation rights of subcontractor. § 44A-24. False statement a misdemeanor and grounds for disciplinary action against a licensed contractor or qualifying party.

To select a lien agent, an owner (or contractor, depending on the relationship), simply selects a lien agent from the pre-approved list and describes the project and identifies the address.

A: The filing fee for an Appointment of Lien Agent is $30 for a 1-2 Family Dwelling and $58 for any Other property type. Q: Which lien agent should I appoint to my project? A: Any of the authorized Lien Agents can be appointed to your project.

? All claims of lien on real property must be filed in the office of the clerk of superior court in each county where the real property subject to the claim of lien on real property is located.

As a result, pursuant to North Carolina law, any owner who contracts for work of at least $30,000, must designate a lien agent to receive notice from potential lien claimants.

In North Carolina, a lien agent is a title insurance company or agency that must be notified prior to filing a mechanic's lien. General Statute 44A-11.1 requires a lien agent to be appointed by an owner on projects that are valued at $30,000 or more.

In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements. ... File the lien with the county recorder's office. ... Serve a copy of the lien on the property owner.

In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements. ... File the lien with the county recorder's office. ... Serve a copy of the lien on the property owner.

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North Carolina Assignment of Lien by General Contractor