New Mexico Complaint or Petition to Foreclose on Mechanic's Lien

State:
Multi-State
Control #:
US-01538BG
Format:
Word
Instant download

Description

An action to enforce a mechanic's lien on real property is commonly known as an action to foreclose a mechanic's lien. Enforcement of this statutory lien by foreclosure provides a method by which one who has added value to real property, due to construction or improvements, may compel payment for the benefit conferred and received. The following form is a complaint that adopts the notice pleadings format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another.

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

The purpose of the Lien Protection Efficiency Act is to provide for the efficient filing and recording of documents and the protection of public officials and employees and the citizens of the state against nonconsensual common law liens by imposing limitations on the circumstances in which nonconsensual common law ...

In New Mexico, a mechanics lien filed by any party remains an encumbrance on the property for a period of two years.

Answer: Correct option is C. The Statement "lasts even after the bill for labor and materials has been paid" is false in relation to Mecha?

? Under the Mechanics' Act, a lien may be imposed upon the fee owner's interest if he has knowledge of the construction and fails to disclaim responsibility therefor in the manner and within the time therein provided while under the Oil Act (Section 70-4-1 NMSA 1978 et seq.), the fee owner's interest is subject to a ...

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.

In all cases when a notice of lien for taxes, penalties and interest has been filed under Section 7-1-38 NMSA 1978 and a period of ten years has passed from the date the lien was filed, as shown on the notice of lien, the taxes, penalties and interest for which the lien is claimed shall be conclusively presumed to have ...

New Mexico provides mechanics lien protection to ?every person performing labor upon, providing or hauling equipment, tools or machinery for or furnishing materials to be used in the construction, alteration or repair of? a construction project. Protection in New Mexico is fairly broad.

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New Mexico Complaint or Petition to Foreclose on Mechanic's Lien