• US Legal Forms

New Mexico Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender - Corporation

State:
New Mexico
Control #:
NM-16A-09
Format:
Word; 
Rich Text
Instant download

Description

This Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender form is for use by a corporate subcontractor or materialman who has contracted with a subcontractor to provide materials for the improvement to a residential site to request that the subcontractor provide information, including the name and address of the owner of the residential site, the name and address of the construction lender lending the funds, if any, and the loan officer who actually made the construction loan, if any, for the site improvement, and the accurate legal description of the residential site.

How to fill out New Mexico Subcontractor Or Materialman's Request To Subcontractor Regarding Owner Or Construction Lender - Corporation?

US Legal Forms is really a special platform where you can find any legal or tax document for submitting, such as New Mexico Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender - Corporation or LLC. If you’re tired with wasting time seeking ideal examples and spending money on papers preparation/legal professional fees, then US Legal Forms is exactly what you’re trying to find.

To reap all the service’s benefits, you don't need to download any application but simply choose a subscription plan and register your account. If you already have one, just log in and get a suitable template, download it, and fill it out. Downloaded files are all kept in the My Forms folder.

If you don't have a subscription but need to have New Mexico Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender - Corporation or LLC, check out the guidelines below:

  1. make sure that the form you’re taking a look at is valid in the state you want it in.
  2. Preview the sample and look at its description.
  3. Simply click Buy Now to access the sign up webpage.
  4. Pick a pricing plan and keep on signing up by providing some information.
  5. Select a payment method to complete the registration.
  6. Download the file by choosing your preferred file format (.docx or .pdf)

Now, submit the file online or print it. If you feel unsure regarding your New Mexico Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender - Corporation or LLC sample, contact a lawyer to check it before you send out or file it. Begin hassle-free!

Form popularity

FAQ

New Mexico mechanics liens are perfected by filing the claim in the county clerk's office where the property is physically located. If the property is situated in more than one county, the claim should be filed in the clerk's office of all counties it is located in.

Invalid Liens A lien stays in the county records and on your property title until you take action to remove it.If the contractor, subcontractor, laborer, or material supplier fails to follow any of the specific time frames, you can petition the court to remove the lien.

To attach a lien, the creditor must record the judgment with the county recorder in any Florida county where the debtor owns real estate now or may own real estate in future. For liens on personal property, the creditor files the judgment with the Florida Department of State.

The simplest way to prevent liens and ensure that subcontractors and suppliers are paid is to pay with joint checks. This is when both parties endorse the check. Compare the contractor's materials or labor bill to the schedule of payments in your contract and the Preliminary Notices.

Legally, an unpaid contractor, subcontractor or supplier can file a lien (sometimes called a mechanic's lien) that could eventually force the sale of your home in place of compensation.Conversely, if the contractor who worked on your project does not pay for materials, a supplier could place a lien on your property.

If a general contractor refuses to pay his subcontractors, they can make a claim against the payment bond. The surety company will pay out the subcontractors for at least part of their money and take the contractor to court.

In fact, the subcontractor doesn't have any contract with the owner neither written nor verbal!However, presuming that the subcontractor on the project has a written contract with someone, they can still file a lien even if they don't have a written agreement with the property owner.

Someone who is owed money is generally not able to just put a lien on property without first securing a judgment. Securing a judgment requires the creditor to sue the debtor. This may be through circuit court in many jurisdictions. If under a certain dollar amount, this suit may be through the small claims court.

Mechanic's liens are legal documents that essentially reserve the rights of the filer to seek unpaid compensation. They are usually filed by contractors, subcontractors, or suppliers that never received payment for work that they performed or materials that they provided on the property.

Trusted and secure by over 3 million people of the world’s leading companies

New Mexico Subcontractor or Materialman's Request to Subcontractor Regarding Owner or Construction Lender - Corporation