North Carolina Release of Operator's Lien

State:
Multi-State
Control #:
US-OG-399
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Operator deems all obligations due Operator by Nonoperator, and secured by a Lien, is paid in full and completely satisfied.

How to fill out Release Of Operator's Lien?

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FAQ

North Carolina does not require mechanics lien waivers to be notarized in order to be effective.

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.

North Carolina lien waivers do not need to be notarized to be effective.

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.

With North Carolina ELT and its connection with the North Carolina DMV, finance companies that receive a vehicle payoff will be able to release the lien on the vehicle through the ELT system. Upon lien release, titles will automatically be printed and mailed.

§ 44A-12(d) ? A Claim of Lien on Property may not be amended; it must be cancelled, and a new lien substituted within 120-day filing timeframe. N.C. Gen. Stat. § 44A-13 ? Lawsuit to enforce Claim of Lien on Property; required to be brought within 180 days of last furnishing.

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.

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North Carolina Release of Operator's Lien