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.
The North Dakota Certificate of Satisfaction of Mechanic's or Construction Lien is an important legal document utilized to release or satisfy a mechanic's or construction lien in the state of North Dakota. This certificate serves as proof that the lien on a property has been fully paid or otherwise resolved, ensuring that the property's owner can freely transfer or sell the property without any encumbrances. In North Dakota, there are primarily two types of Certificates of Satisfaction of Mechanic's or Construction Lien that are commonly used: 1. Full Release Certificate: This type of certificate is issued when the contractor, subcontractor, or supplier has received full payment for the services rendered or materials provided. It officially releases the lien claimant's interest in the property, eliminating any legal hold or encumbrance. 2. Partial Release Certificate: Sometimes, a contractor, subcontractor, or supplier may agree to a partial payment or a settlement to resolve a lien claim. In such cases, a Partial Release Certificate is issued, indicating the partial satisfaction of the lien. This document specifies the remaining unpaid amount, if any, and reflects that the lien has been partially satisfied. Other relevant keywords associated with North Dakota Certificate of Satisfaction of Mechanic's or Construction Lien may include: — North Dakota lien law— - Construction lien release — Mechanic's lien satisfaction for— - Property lien resolution — Legal encumbrancremovalva— - Lien claim settlement — Proof of liesatisfactionio— - Transfer of property ownership — Property sale without lien— - North Dakota lien claim requirements It is essential to adhere to the specific requirements and guidelines set forth by the State of North Dakota when preparing and filing a Certificate of Satisfaction of Mechanic's or Construction Lien. This document should contain accurate details of the involved parties, the property, and the lien amount to ensure its validity and effectiveness in releasing or satisfying the lien claim. It is always recommended consulting with an attorney or legal professional well-versed in North Dakota lien laws to ensure compliance and proper handling of the process.
