Oklahoma Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile

State:
Multi-State
Control #:
US-00754BG
Format:
Word; 
Rich Text
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Description

A lien is a charge on property for the payment or discharge of a particular debt having priority to the general debts of the owner of the property. Liens may be either general or specific. A specific lien is a charge on particular personal property for the sum due with respect to that particular piece of property.



The following form creates a lien on automobile parts and motors for charges incurred by the Machine Shop for its services and charges in repairing and/or rebuilding the items. Upon failure by Customer to pay all charges for repairing or rebuilding the items, Machine Shop may sell the items by public or private sale, and the net proceeds of such disposition, after deducting all expenses of Machine Shop, shall be credited against the total amount owed by Customer to Machine Shop.. Machine Shop may purchase any of the items at any public or private sale by simply bidding its debt and expenses. No money need change hands, but a record should be kept detailing the date of the sale, the amount paid and the items sold and purchased.

How to fill out Authorization For Lien And Sale For Nonpayment Of Repair And / Or Parts Charges - Car Or Automobile?

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FAQ

How long does a judgment lien last in Oklahoma? A judgment lien in Oklahoma will remain attached to the debtor's property (even if the property changes hands) for five years.

If the married couple or joint owners of a property do not have a tenancy by the entireties title, any lien can attach to the person's interest in the property. Whether it's judgment or confessed judgment, the lien will attach to the homeowner's interest, making the lienor a co-owner of the property.

The notice shall contain the date of filing; the name and address of the following: The person claiming the lien; the person against whom the claim is made and the owner of the property; a legal description of the property; and the amount claimed.

A person files a Mechanics lien in Oklahoma to secure payment, from the owner of the property. The amount of the payment includes all sums owed to the person at the time the lien is filed. This includes, without limitation, applicable profit and overhead costs.

Any person claiming a lien as aforesaid shall file in the office of the county clerk of the county in which the land is situated a statement setting forth the amount claimed and the items thereof as nearly as practicable, the names of the owner, the contractor, the claimant, and a legal description of the property ...

About Oklahoma Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.

The lien statement must be filed timely with the appropriate county clerk and must contain the following elements: The amount claimed and a description of the labor/materials provided. The name of the property owner. The name of the lien claimant and the name of the Original Contractor (if different from the claimant)

A mortgage given for the price of real property, at the time of its conveyance, has priority over all other liens created against the purchaser, subject to the operation of the recording laws. Historical Data: R.L. 1910, § 3837.

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Oklahoma Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile